Comparable sales & offer analysis
Parcel NM-623069
Lincoln County, NM · 13.39 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$15,500
Adjusted value
$15,283
Value range
$12,794–$17,773
Comp $/acre
$1,141/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.4% versus the adjusted value.
Offer position
Max allowable offer
$8,733
Offer $/acre
$652/ac
Projected profit
$4,585
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 | 1,027 | 75 |
| NM-174231 | 31.1 | Jul 27, 2026 | $37,100 | 1,195 | 1,142 | 75 |
| NM-301117 | 3.3 | Jul 14, 2026 | $4,100 | 1,251 | 1,159 | 68 |
| NM-813652 | 20.4 | Oct 25, 2025 | $27,300 | 1,335 | 1,180 | 67 |
| NM-161890 | 5.7 | May 25, 2025 | $9,400 | 1,656 | 1,398 | 67 |
| NM-540959 | 2.9 | Dec 4, 2025 | $2,900 | 1,000 | 805 | 64 |
| NM-904925 | 51.4 | Jul 19, 2025 | $40,400 | 785 | 1,009 | 60 |
| NM-465376 | 71.2 | May 15, 2026 | $65,500 | 919 | 1,424 | 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.