Comparable sales & offer analysis
Parcel NM-311839
Quay County, NM · 5.49 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,400
Adjusted value
$10,032
Value range
$9,112–$10,952
Comp $/acre
$1,827/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.6% versus the adjusted value.
Offer position
Max allowable offer
$5,732
Offer $/acre
$1,044/ac
Projected profit
$3,010
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-870574 | 2.2 | Jul 27, 2026 | $5,500 | 2,499 | 1,721 | 76 |
| NM-701012 | 3.0 | Jul 27, 2026 | $3,400 | 1,133 | 1,660 | 73 |
| NM-940866 | 2.7 | Oct 4, 2024 | $6,000 | 2,215 | 2,011 | 70 |
| NM-310621 | 2.3 | Apr 26, 2025 | $3,500 | 1,522 | 1,980 | 67 |
| NM-823283 | 15.6 | Jul 27, 2026 | $28,200 | 1,805 | 1,995 | 66 |
| NM-283522 | 18.6 | Mar 5, 2026 | $37,600 | 2,019 | 1,612 | 64 |
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.