Comparable sales & offer analysis
Parcel NM-829707
Sierra County, NM · 1,642 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$494,100
Adjusted value
$489,205
Value range
$392,814–$585,597
Comp $/acre
$298/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.0% versus the adjusted value.
Offer position
Max allowable offer
$279,546
Offer $/acre
$170/ac
Projected profit
$146,762
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-219889 | 1873.2 | Sep 29, 2025 | $407,300 | 217 | 201 | 80 |
| NM-289739 | 1680.3 | Mar 7, 2026 | $931,200 | 554 | 280 | 77 |
| NM-139242 | 1172.3 | Apr 28, 2024 | $677,100 | 578 | 390 | 76 |
| NM-129986 | 2009.5 | Jul 28, 2025 | $1,323,500 | 659 | 361 | 76 |
| NM-699872 | 1850.2 | Jun 9, 2024 | $725,100 | 392 | 300 | 73 |
| NM-959913 | 1906.0 | Apr 4, 2025 | $831,900 | 436 | 268 | 68 |
| NM-728914 | 924.3 | Oct 5, 2025 | $528,400 | 572 | 288 | 68 |
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.