Comparable sales & offer analysis
Parcel NM-247320
Quay County, NM · 291 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$356,300
Adjusted value
$339,894
Value range
$292,887–$386,900
Comp $/acre
$1,167/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.8% versus the adjusted value.
Offer position
Max allowable offer
$194,225
Offer $/acre
$667/ac
Projected profit
$101,968
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 | 1,213 | 83 |
| NM-726384 | 147.9 | Jun 16, 2026 | $221,300 | 1,497 | 1,079 | 75 |
| NM-126016 | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 1,205 | 70 |
| NM-806067 | 117.5 | Mar 12, 2025 | $192,700 | 1,639 | 1,362 | 68 |
| NM-735934 | 106.7 | Dec 1, 2025 | $105,900 | 992 | 919 | 66 |
| NM-558460 | 665.3 | Jul 12, 2025 | $1,175,900 | 1,768 | 1,421 | 63 |
| NM-475652 | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 966 | 61 |
| NM-728959 | 955.0 | Dec 17, 2024 | $706,200 | 740 | 1,152 | 53 |
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.