Comparable sales & offer analysis
Parcel NM-223581
Cibola County, NM · 19.41 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,400
Adjusted value
$36,360
Value range
$30,252–$42,469
Comp $/acre
$1,873/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.6% versus the adjusted value.
Offer position
Max allowable offer
$20,777
Offer $/acre
$1,070/ac
Projected profit
$10,908
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-803785 | 22.5 | Jul 9, 2025 | $34,700 | 1,543 | 2,019 | 78 |
| NM-104312 | 33.0 | Apr 28, 2026 | $63,000 | 1,912 | 1,783 | 75 |
| NM-163947 | 25.3 | May 23, 2025 | $26,200 | 1,036 | 2,396 | 70 |
| NM-781881 | 5.7 | Jan 5, 2026 | $7,700 | 1,355 | 1,536 | 67 |
| NM-295070 | 57.1 | Jan 4, 2025 | $41,700 | 730 | 1,569 | 61 |
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.