Comparable sales & offer analysis
Parcel NM-540959
Lincoln County, NM · 2.90 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,300
Adjusted value
$3,848
Value range
$2,973–$4,724
Comp $/acre
$1,327/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.3% versus the adjusted value.
Offer position
Max allowable offer
$2,199
Offer $/acre
$758/ac
Projected profit
$1,155
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-301117 | 3.3 | Jul 14, 2026 | $4,100 | 1,251 | 1,482 | 80 |
| NM-900092 | 1.6 | Jul 27, 2026 | $1,600 | 1,019 | 826 | 77 |
| NM-282314 | 7.8 | Sep 21, 2025 | $9,400 | 1,210 | 1,313 | 72 |
| NM-750559 | 2.2 | Sep 16, 2025 | $1,800 | 823 | 1,469 | 71 |
| NM-160377 | 1.9 | Jul 27, 2026 | $1,600 | 831 | 1,128 | 70 |
| NM-161890 | 5.7 | May 25, 2025 | $9,400 | 1,656 | 1,787 | 68 |
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.