Comparable sales & offer analysis
Parcel NM-238683
Cibola County, NM · 782 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$445,300
Adjusted value
$392,966
Value range
$301,438–$484,493
Comp $/acre
$503/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.3% versus the adjusted value.
Offer position
Max allowable offer
$224,552
Offer $/acre
$287/ac
Projected profit
$117,890
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-758576 | 723.6 | Jul 27, 2026 | $374,500 | 518 | 599 | 84 |
| NM-488638 | 756.8 | Jul 24, 2026 | $317,600 | 420 | 424 | 80 |
| NM-818392 | 633.3 | Feb 19, 2025 | $280,700 | 443 | 561 | 77 |
| NM-987032 | 236.4 | Jul 27, 2026 | $215,600 | 912 | 552 | 72 |
| NM-888263 | 576.8 | Jan 24, 2026 | $507,600 | 880 | 707 | 71 |
| NM-317195 | 266.1 | Jul 27, 2026 | $124,100 | 467 | 292 | 69 |
| NM-557511 | 334.5 | Dec 15, 2024 | $198,400 | 593 | 494 | 66 |
| NM-959724 | 1662.1 | Sep 27, 2025 | $370,000 | 223 | 437 | 61 |
| NM-699965 | 1979.2 | Dec 15, 2024 | $567,600 | 287 | 353 | 59 |
| NM-746979 | 227.5 | Jul 31, 2024 | $197,900 | 870 | 565 | 58 |
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.