Comparable sales & offer analysis
Parcel NM-699965
Cibola County, NM · 1,979 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$669,300
Adjusted value
$939,670
Value range
$770,028–$1,109,312
Comp $/acre
$475/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.8% versus the adjusted value.
Offer position
Max allowable offer
$536,954
Offer $/acre
$271/ac
Projected profit
$281,901
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-959724 | 1662.1 | Sep 27, 2025 | $370,000 | 223 | 379 | 72 |
| NM-488638 | 756.8 | Jul 24, 2026 | $317,600 | 420 | 368 | 68 |
| NM-758576 | 723.6 | Jul 27, 2026 | $374,500 | 518 | 520 | 67 |
| NM-888263 | 576.8 | Jan 24, 2026 | $507,600 | 880 | 614 | 62 |
| NM-238683 | 781.9 | Oct 16, 2024 | $420,800 | 538 | 506 | 59 |
| NM-818392 | 633.3 | Feb 19, 2025 | $280,700 | 443 | 487 | 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.