Comparable sales & offer analysis
Parcel NM-283522
Quay County, NM · 18.60 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$41,500
Adjusted value
$57,172
Value range
$43,830–$70,514
Comp $/acre
$3,074/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.4% versus the adjusted value.
Offer position
Max allowable offer
$32,670
Offer $/acre
$1,756/ac
Projected profit
$17,152
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-823283 | 15.6 | Jul 27, 2026 | $28,200 | 1,805 | 2,559 | 87 |
| NM-403646 | 20.3 | Mar 5, 2025 | $69,900 | 3,436 | 4,520 | 77 |
| NM-825573 | 82.2 | Jun 3, 2026 | $131,200 | 1,596 | 3,001 | 65 |
| NM-485358 | 70.3 | Aug 11, 2025 | $157,600 | 2,241 | 2,962 | 63 |
| NM-311839 | 5.5 | Nov 3, 2025 | $11,100 | 2,031 | 2,705 | 62 |
| NM-475652 | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 2,509 | 56 |
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.