Comparable sales & offer analysis
Parcel NM-465376
Lincoln County, NM · 71.24 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$61,400
Adjusted value
$56,288
Value range
$47,541–$65,036
Comp $/acre
$790/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.1% versus the adjusted value.
Offer position
Max allowable offer
$32,165
Offer $/acre
$451/ac
Projected profit
$16,886
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-904925 | 51.4 | Jul 19, 2025 | $40,400 | 785 | 662 | 76 |
| NM-174231 | 31.1 | Jul 27, 2026 | $37,100 | 1,195 | 749 | 69 |
| NM-956740 | 191.4 | Feb 16, 2026 | $130,600 | 683 | 774 | 66 |
| NM-813652 | 20.4 | Oct 25, 2025 | $27,300 | 1,335 | 774 | 60 |
| NM-306565 | 168.6 | Nov 3, 2025 | $218,700 | 1,297 | 1,035 | 60 |
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.