Comparable sales & offer analysis
Parcel NM-740355
Sierra County, NM · 1.88 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,600
Adjusted value
$5,140
Value range
$4,457–$5,823
Comp $/acre
$2,734/ac
Weighted from 3 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.5% versus the adjusted value.
Offer position
Max allowable offer
$2,937
Offer $/acre
$1,562/ac
Projected profit
$1,542
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-851473 | 4.2 | Dec 12, 2025 | $6,800 | 1,619 | 2,336 | 68 |
| NM-663392 | 16.9 | Aug 8, 2025 | $39,500 | 2,333 | 2,753 | 60 |
| NM-922317 | 7.8 | Jan 8, 2024 | $14,900 | 1,923 | 3,233 | 52 |
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.