Comparable sales & offer analysis
Parcel NM-485358
Quay County, NM · 70.32 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$180,700
Adjusted value
$170,361
Value range
$135,599–$205,122
Comp $/acre
$2,423/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.1% versus the adjusted value.
Offer position
Max allowable offer
$97,349
Offer $/acre
$1,384/ac
Projected profit
$51,108
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-825573 | 82.2 | Jun 3, 2026 | $131,200 | 1,596 | 2,367 | 83 |
| NM-475652 | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 1,979 | 77 |
| NM-126016 | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 2,467 | 77 |
| NM-726384 | 147.9 | Jun 16, 2026 | $221,300 | 1,497 | 2,208 | 75 |
| NM-735934 | 106.7 | Dec 1, 2025 | $105,900 | 992 | 1,883 | 72 |
| NM-806067 | 117.5 | Mar 12, 2025 | $192,700 | 1,639 | 2,789 | 67 |
| NM-403646 | 20.3 | Mar 5, 2025 | $69,900 | 3,436 | 3,566 | 58 |
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.