Comparable sales & offer analysis
Parcel NM-488638
Cibola County, NM · 757 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$324,100
Adjusted value
$392,496
Value range
$303,543–$481,449
Comp $/acre
$519/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.4% versus the adjusted value.
Offer position
Max allowable offer
$224,284
Offer $/acre
$296/ac
Projected profit
$117,749
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 | 598 | 81 |
| NM-888263 | 576.8 | Jan 24, 2026 | $507,600 | 880 | 706 | 73 |
| NM-959724 | 1662.1 | Sep 27, 2025 | $370,000 | 223 | 436 | 70 |
| NM-238683 | 781.9 | Oct 16, 2024 | $420,800 | 538 | 582 | 69 |
| NM-818392 | 633.3 | Feb 19, 2025 | $280,700 | 443 | 560 | 68 |
| NM-317195 | 266.1 | Jul 27, 2026 | $124,100 | 467 | 291 | 66 |
| NM-987032 | 236.4 | Jul 27, 2026 | $215,600 | 912 | 551 | 66 |
| NM-557511 | 334.5 | Dec 15, 2024 | $198,400 | 593 | 493 | 59 |
| NM-699965 | 1979.2 | Dec 15, 2024 | $567,600 | 287 | 353 | 57 |
| NM-746979 | 227.5 | Jul 31, 2024 | $197,900 | 870 | 564 | 53 |
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.