Comparable sales & offer analysis
Parcel NM-956740
Lincoln County, NM · 191 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$122,100
Adjusted value
$136,562
Value range
$108,714–$164,409
Comp $/acre
$714/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.6% versus the adjusted value.
Offer position
Max allowable offer
$78,035
Offer $/acre
$408/ac
Projected profit
$40,968
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-306565 | 168.6 | Nov 3, 2025 | $218,700 | 1,297 | 937 | 75 |
| NM-968439 | 655.2 | Jul 27, 2026 | $313,000 | 478 | 587 | 71 |
| NM-698120 | 520.0 | Apr 29, 2026 | $303,300 | 583 | 554 | 69 |
| NM-465376 | 71.2 | May 15, 2026 | $65,500 | 919 | 845 | 68 |
| NM-818805 | 854.1 | Jul 27, 2026 | $343,900 | 403 | 735 | 65 |
| NM-904925 | 51.4 | Jul 19, 2025 | $40,400 | 785 | 599 | 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.