Comparable sales & offer analysis
Parcel NM-728914
Sierra County, NM · 924 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$629,000
Adjusted value
$606,323
Value range
$479,704–$732,942
Comp $/acre
$656/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.7% versus the adjusted value.
Offer position
Max allowable offer
$346,470
Offer $/acre
$375/ac
Projected profit
$181,897
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-219889 | 1873.2 | Sep 29, 2025 | $407,300 | 217 | 414 | 76 |
| NM-829707 | 1641.8 | Jul 27, 2026 | $483,700 | 295 | 611 | 76 |
| NM-289739 | 1680.3 | Mar 7, 2026 | $931,200 | 554 | 577 | 73 |
| NM-177858 | 430.1 | Feb 27, 2026 | $332,500 | 773 | 734 | 71 |
| NM-139242 | 1172.3 | Apr 28, 2024 | $677,100 | 578 | 802 | 70 |
| NM-129986 | 2009.5 | Jul 28, 2025 | $1,323,500 | 659 | 743 | 65 |
| NM-937557 | 345.9 | Apr 13, 2025 | $335,200 | 969 | 884 | 65 |
| NM-699872 | 1850.2 | Jun 9, 2024 | $725,100 | 392 | 618 | 64 |
| NM-959913 | 1906.0 | Apr 4, 2025 | $831,900 | 436 | 552 | 60 |
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.