Comparable sales & offer analysis
Parcel NM-161890
Lincoln County, NM · 5.70 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$10,900
Adjusted value
$7,367
Value range
$6,367–$8,368
Comp $/acre
$1,293/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +47.9% versus the adjusted value.
Offer position
Max allowable offer
$4,210
Offer $/acre
$739/ac
Projected profit
$2,210
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-282314 | 7.8 | Sep 21, 2025 | $9,400 | 1,210 | 1,286 | 78 |
| NM-301117 | 3.3 | Jul 14, 2026 | $4,100 | 1,251 | 1,452 | 75 |
| NM-623069 | 13.4 | Jul 27, 2026 | $15,400 | 1,151 | 1,452 | 75 |
| NM-540959 | 2.9 | Dec 4, 2025 | $2,900 | 1,000 | 1,008 | 70 |
| NM-160377 | 1.9 | Jul 27, 2026 | $1,600 | 831 | 1,105 | 69 |
| NM-750559 | 2.2 | Sep 16, 2025 | $1,800 | 823 | 1,438 | 65 |
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.