Comparable sales & offer analysis
Parcel NM-219889
Sierra County, NM · 1,873 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$473,600
Adjusted value
$655,728
Value range
$570,214–$741,242
Comp $/acre
$350/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.8% versus the adjusted value.
Offer position
Max allowable offer
$374,702
Offer $/acre
$200/ac
Projected profit
$196,718
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 | 335 | 86 |
| NM-289739 | 1680.3 | Mar 7, 2026 | $931,200 | 554 | 316 | 80 |
| NM-699872 | 1850.2 | Jun 9, 2024 | $725,100 | 392 | 339 | 76 |
| NM-129986 | 2009.5 | Jul 28, 2025 | $1,323,500 | 659 | 407 | 76 |
| NM-728914 | 924.3 | Oct 5, 2025 | $528,400 | 572 | 325 | 76 |
| NM-959913 | 1906.0 | Apr 4, 2025 | $831,900 | 436 | 302 | 71 |
| NM-139242 | 1172.3 | Apr 28, 2024 | $677,100 | 578 | 440 | 65 |
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.