Comparable sales & offer analysis
Parcel NM-900092
Lincoln County, NM · 1.55 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,900
Adjusted value
$2,620
Value range
$2,144–$3,095
Comp $/acre
$1,690/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.5% versus the adjusted value.
Offer position
Max allowable offer
$1,497
Offer $/acre
$966/ac
Projected profit
$786
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-160377 | 1.9 | Jul 27, 2026 | $1,600 | 831 | 1,402 | 76 |
| NM-750559 | 2.2 | Sep 16, 2025 | $1,800 | 823 | 1,826 | 73 |
| NM-301117 | 3.3 | Jul 14, 2026 | $4,100 | 1,251 | 1,843 | 73 |
| NM-540959 | 2.9 | Dec 4, 2025 | $2,900 | 1,000 | 1,280 | 71 |
| NM-161890 | 5.7 | May 25, 2025 | $9,400 | 1,656 | 2,222 | 63 |
| NM-282314 | 7.8 | Sep 21, 2025 | $9,400 | 1,210 | 1,632 | 62 |
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.