Comparable sales & offer analysis
Parcel NM-247320
Quay County, NM · 291 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$356,300
Adjusted value
$338,036
Value range
$291,316–$384,755
Comp $/acre
$1,160/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.4% versus the adjusted value.
Offer position
Max allowable offer
$193,163
Offer $/acre
$663/ac
Projected profit
$101,411
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-847211 | 269.2 | Jul 27, 2026 | $319,800 | 1,188 | 1,207 | 84 |
| NM-726384 | 147.9 | Jun 16, 2026 | $221,300 | 1,497 | 1,073 | 76 |
| NM-126016 | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 1,198 | 72 |
| NM-806067 | 117.5 | Mar 12, 2025 | $192,700 | 1,639 | 1,355 | 69 |
| NM-735934 | 106.7 | Dec 1, 2025 | $105,900 | 992 | 915 | 67 |
| NM-558460 | 665.3 | Jul 12, 2025 | $1,175,900 | 1,768 | 1,414 | 64 |
| NM-475652 | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 961 | 61 |
| NM-728959 | 955.0 | Dec 17, 2024 | $706,200 | 740 | 1,146 | 54 |
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.