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Comparable sales & offer analysis

Parcel NM-740355

Sierra County, NM · 1.88 ac · Agricultural · Paved · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$4,600
Adjusted value
$5,169
Value range
$4,483–$5,856
Comp $/acre
$2,750/ac

Weighted from 3 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.0% versus the adjusted value.

Offer position

Max allowable offer
$2,954
Offer $/acre
$1,571/ac
Projected profit
$1,551
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-8514734.2Dec 12, 2025$6,8001,6192,34967
NM-66339216.9Aug 8, 2025$39,5002,3332,76859
NM-9223177.8Jan 8, 2024$14,9001,9233,24952
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.