Comparable sales & offer analysis
Parcel NM-870574
Quay County, NM · 2.20 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$6,600
Adjusted value
$7,064
Value range
$5,711–$8,417
Comp $/acre
$3,211/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.6% versus the adjusted value.
Offer position
Max allowable offer
$4,036
Offer $/acre
$1,835/ac
Projected profit
$2,119
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-310621 | 2.3 | Apr 26, 2025 | $3,500 | 1,522 | 2,898 | 77 |
| NM-940866 | 2.7 | Oct 4, 2024 | $6,000 | 2,215 | 2,944 | 76 |
| NM-701012 | 3.0 | Jul 27, 2026 | $3,400 | 1,133 | 2,429 | 75 |
| NM-311839 | 5.5 | Nov 3, 2025 | $11,100 | 2,031 | 3,086 | 70 |
| NM-120025 | 1.5 | Feb 26, 2024 | $4,000 | 2,679 | 4,185 | 65 |
| NM-590004 | 1.4 | Jun 7, 2024 | $3,200 | 2,204 | 4,007 | 61 |
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.