Comparable sales & offer analysis
Parcel NM-494569
Sierra County, NM · 39.70 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$60,200
Adjusted value
$68,695
Value range
$62,116–$75,275
Comp $/acre
$1,730/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.4% versus the adjusted value.
Offer position
Max allowable offer
$39,254
Offer $/acre
$989/ac
Projected profit
$20,609
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-124965 | 52.9 | Jul 27, 2026 | $72,200 | 1,366 | 1,692 | 81 |
| NM-663392 | 16.9 | Aug 8, 2025 | $39,500 | 2,333 | 1,497 | 65 |
| NM-357076 | 244.1 | Apr 9, 2026 | $255,800 | 1,048 | 1,652 | 57 |
| NM-766778 | 196.7 | Jul 20, 2025 | $243,600 | 1,239 | 1,809 | 55 |
| NM-937557 | 345.9 | Apr 13, 2025 | $335,200 | 969 | 2,052 | 53 |
| NM-922317 | 7.8 | Jan 8, 2024 | $14,900 | 1,923 | 1,757 | 50 |
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.