Comparable sales & offer analysis
Parcel NM-987032
Cibola County, NM · 236 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$226,000
Adjusted value
$207,696
Value range
$161,292–$254,099
Comp $/acre
$878/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.8% versus the adjusted value.
Offer position
Max allowable offer
$118,683
Offer $/acre
$502/ac
Projected profit
$62,309
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-317195 | 266.1 | Jul 27, 2026 | $124,100 | 467 | 486 | 84 |
| NM-746979 | 227.5 | Jul 31, 2024 | $197,900 | 870 | 942 | 73 |
| NM-758576 | 723.6 | Jul 27, 2026 | $374,500 | 518 | 998 | 72 |
| NM-888263 | 576.8 | Jan 24, 2026 | $507,600 | 880 | 1,178 | 70 |
| NM-557511 | 334.5 | Dec 15, 2024 | $198,400 | 593 | 822 | 66 |
| NM-488638 | 756.8 | Jul 24, 2026 | $317,600 | 420 | 706 | 65 |
| NM-695842 | 99.8 | Nov 25, 2025 | $84,100 | 842 | 951 | 62 |
| NM-238683 | 781.9 | Oct 16, 2024 | $420,800 | 538 | 971 | 62 |
| NM-818392 | 633.3 | Feb 19, 2025 | $280,700 | 443 | 935 | 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.