Comparable sales & offer analysis
Parcel NM-829707
Sierra County, NM · 1,642 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$494,100
Adjusted value
$486,494
Value range
$390,623–$582,364
Comp $/acre
$296/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.6% versus the adjusted value.
Offer position
Max allowable offer
$277,996
Offer $/acre
$169/ac
Projected profit
$145,948
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 | 200 | 81 |
| NM-289739 | 1680.3 | Mar 7, 2026 | $931,200 | 554 | 279 | 78 |
| NM-129986 | 2009.5 | Jul 28, 2025 | $1,323,500 | 659 | 359 | 76 |
| NM-139242 | 1172.3 | Apr 28, 2024 | $677,100 | 578 | 388 | 76 |
| NM-699872 | 1850.2 | Jun 9, 2024 | $725,100 | 392 | 299 | 73 |
| NM-728914 | 924.3 | Oct 5, 2025 | $528,400 | 572 | 286 | 69 |
| NM-959913 | 1906.0 | Apr 4, 2025 | $831,900 | 436 | 266 | 69 |
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.