Comparable sales & offer analysis
Parcel NM-698120
Lincoln County, NM · 520 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$319,900
Adjusted value
$392,764
Value range
$326,365–$459,162
Comp $/acre
$755/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.6% versus the adjusted value.
Offer position
Max allowable offer
$224,436
Offer $/acre
$432/ac
Projected profit
$117,829
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-968439 | 655.2 | Jul 27, 2026 | $313,000 | 478 | 630 | 83 |
| NM-818805 | 854.1 | Jul 27, 2026 | $343,900 | 403 | 788 | 74 |
| NM-909665 | 1592.6 | Apr 22, 2026 | $512,100 | 322 | 657 | 68 |
| NM-956740 | 191.4 | Feb 16, 2026 | $130,600 | 683 | 752 | 68 |
| NM-306565 | 168.6 | Nov 3, 2025 | $218,700 | 1,297 | 1,005 | 59 |
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.