Comparable sales & offer analysis
Parcel NM-289739
Sierra County, NM · 1,680 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,084,100
Adjusted value
$1,010,575
Value range
$818,823–$1,202,328
Comp $/acre
$601/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.3% versus the adjusted value.
Offer position
Max allowable offer
$577,472
Offer $/acre
$344/ac
Projected profit
$303,173
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-829707 | 1641.8 | Jul 27, 2026 | $483,700 | 295 | 598 | 82 |
| NM-219889 | 1873.2 | Sep 29, 2025 | $407,300 | 217 | 405 | 77 |
| NM-129986 | 2009.5 | Jul 28, 2025 | $1,323,500 | 659 | 727 | 76 |
| NM-728914 | 924.3 | Oct 5, 2025 | $528,400 | 572 | 580 | 70 |
| NM-699872 | 1850.2 | Jun 9, 2024 | $725,100 | 392 | 605 | 70 |
| NM-959913 | 1906.0 | Apr 4, 2025 | $831,900 | 436 | 540 | 69 |
| NM-139242 | 1172.3 | Apr 28, 2024 | $677,100 | 578 | 786 | 62 |
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.