Comparable sales & offer analysis
Parcel NM-968439
Lincoln County, NM · 655 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$310,200
Adjusted value
$372,765
Value range
$305,134–$440,396
Comp $/acre
$569/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.8% versus the adjusted value.
Offer position
Max allowable offer
$213,008
Offer $/acre
$325/ac
Projected profit
$111,829
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-698120 | 520.0 | Apr 29, 2026 | $303,300 | 583 | 451 | 82 |
| NM-818805 | 854.1 | Jul 27, 2026 | $343,900 | 403 | 599 | 81 |
| NM-956740 | 191.4 | Feb 16, 2026 | $130,600 | 683 | 571 | 68 |
| NM-909665 | 1592.6 | Apr 22, 2026 | $512,100 | 322 | 499 | 67 |
| NM-306565 | 168.6 | Nov 3, 2025 | $218,700 | 1,297 | 764 | 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.