Comparable sales & offer analysis
Parcel NM-590004
Quay County, NM · 1.45 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,500
Adjusted value
$2,618
Value range
$2,059–$3,177
Comp $/acre
$1,806/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.7% versus the adjusted value.
Offer position
Max allowable offer
$1,496
Offer $/acre
$1,032/ac
Projected profit
$785
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 | 1,520 | 73 |
| NM-701012 | 3.0 | Jul 27, 2026 | $3,400 | 1,133 | 1,466 | 73 |
| NM-120025 | 1.5 | Feb 26, 2024 | $4,000 | 2,679 | 2,527 | 71 |
| NM-310621 | 2.3 | Apr 26, 2025 | $3,500 | 1,522 | 1,750 | 66 |
| NM-940866 | 2.7 | Oct 4, 2024 | $6,000 | 2,215 | 1,777 | 63 |
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.