Comparable sales & offer analysis
Parcel NM-701012
Quay County, NM · 3.02 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,400
Adjusted value
$4,570
Value range
$3,726–$5,413
Comp $/acre
$1,513/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.6% versus the adjusted value.
Offer position
Max allowable offer
$2,611
Offer $/acre
$865/ac
Projected profit
$1,371
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NM-870574 | 2.2 | Jul 27, 2026 | $5,500 | 2,499 | 1,184 | 75 |
| NM-310621 | 2.3 | Apr 26, 2025 | $3,500 | 1,522 | 1,362 | 75 |
| NM-940866 | 2.7 | Oct 4, 2024 | $6,000 | 2,215 | 1,383 | 73 |
| NM-311839 | 5.5 | Nov 3, 2025 | $11,100 | 2,031 | 1,450 | 67 |
| NM-590004 | 1.4 | Jun 7, 2024 | $3,200 | 2,204 | 1,883 | 61 |
| NM-120025 | 1.5 | Feb 26, 2024 | $4,000 | 2,679 | 1,967 | 60 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.