Comparable sales & offer analysis
Parcel NM-177858
Sierra County, NM · 430 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$310,200
Adjusted value
$347,426
Value range
$301,894–$392,958
Comp $/acre
$808/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.7% versus the adjusted value.
Offer position
Max allowable offer
$198,529
Offer $/acre
$462/ac
Projected profit
$104,228
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-357076 | 244.1 | Apr 9, 2026 | $255,800 | 1,048 | 763 | 75 |
| NM-937557 | 345.9 | Apr 13, 2025 | $335,200 | 969 | 949 | 70 |
| NM-728914 | 924.3 | Oct 5, 2025 | $528,400 | 572 | 636 | 68 |
| NM-139242 | 1172.3 | Apr 28, 2024 | $677,100 | 578 | 861 | 63 |
| NM-766778 | 196.7 | Jul 20, 2025 | $243,600 | 1,239 | 836 | 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.