Comparable sales & offer analysis
Parcel NM-120025
Quay County, NM · 1.48 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,500
Adjusted value
$3,101
Value range
$2,506–$3,695
Comp $/acre
$2,095/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +45.1% versus the adjusted value.
Offer position
Max allowable offer
$1,772
Offer $/acre
$1,197/ac
Projected profit
$930
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 | 1,788 | 77 |
| NM-701012 | 3.0 | Jul 27, 2026 | $3,400 | 1,133 | 1,724 | 72 |
| NM-590004 | 1.4 | Jun 7, 2024 | $3,200 | 2,204 | 2,845 | 71 |
| NM-310621 | 2.3 | Apr 26, 2025 | $3,500 | 1,522 | 2,058 | 69 |
| NM-940866 | 2.7 | Oct 4, 2024 | $6,000 | 2,215 | 2,090 | 65 |
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.