Comparable sales & offer analysis
Parcel NM-803785
Cibola County, NM · 22.50 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$36,500
Adjusted value
$34,731
Value range
$29,213–$40,250
Comp $/acre
$1,544/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.1% versus the adjusted value.
Offer position
Max allowable offer
$19,846
Offer $/acre
$882/ac
Projected profit
$10,419
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-163947 | 25.3 | May 23, 2025 | $26,200 | 1,036 | 1,926 | 78 |
| NM-223581 | 19.4 | Aug 28, 2025 | $38,600 | 1,990 | 1,674 | 78 |
| NM-104312 | 33.0 | Apr 28, 2026 | $63,000 | 1,912 | 1,433 | 75 |
| NM-781881 | 5.7 | Jan 5, 2026 | $7,700 | 1,355 | 1,235 | 62 |
| NM-295070 | 57.1 | Jan 4, 2025 | $41,700 | 730 | 1,261 | 55 |
| NM-695842 | 99.8 | Nov 25, 2025 | $84,100 | 842 | 1,595 | 54 |
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.