Comparable sales & offer analysis
Parcel NM-540959
Lincoln County, NM · 2.90 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,300
Adjusted value
$3,872
Value range
$2,992–$4,752
Comp $/acre
$1,335/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.8% versus the adjusted value.
Offer position
Max allowable offer
$2,212
Offer $/acre
$763/ac
Projected profit
$1,161
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 | 1,490 | 79 |
| NM-900092 | 1.6 | Jul 27, 2026 | $1,600 | 1,019 | 830 | 76 |
| NM-282314 | 7.8 | Sep 21, 2025 | $9,400 | 1,210 | 1,320 | 72 |
| NM-750559 | 2.2 | Sep 16, 2025 | $1,800 | 823 | 1,476 | 70 |
| NM-160377 | 1.9 | Jul 27, 2026 | $1,600 | 831 | 1,134 | 69 |
| NM-161890 | 5.7 | May 25, 2025 | $9,400 | 1,656 | 1,797 | 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.