Comparable sales & offer analysis
Parcel NM-403646
Quay County, NM · 20.34 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$67,000
Adjusted value
$43,661
Value range
$37,991–$49,330
Comp $/acre
$2,147/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +53.5% versus the adjusted value.
Offer position
Max allowable offer
$24,949
Offer $/acre
$1,227/ac
Projected profit
$13,098
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-283522 | 18.6 | Mar 5, 2026 | $37,600 | 2,019 | 1,676 | 82 |
| NM-823283 | 15.6 | Jul 27, 2026 | $28,200 | 1,805 | 2,074 | 78 |
| NM-126016 | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 2,536 | 68 |
| NM-825573 | 82.2 | Jun 3, 2026 | $131,200 | 1,596 | 2,432 | 66 |
| NM-311839 | 5.5 | Nov 3, 2025 | $11,100 | 2,031 | 2,192 | 65 |
| NM-485358 | 70.3 | Aug 11, 2025 | $157,600 | 2,241 | 2,400 | 59 |
| NM-735934 | 106.7 | Dec 1, 2025 | $105,900 | 992 | 1,935 | 59 |
| NM-475652 | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 2,033 | 57 |
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.