Comparable sales & offer analysis
Parcel NM-282314
Lincoln County, NM · 7.75 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,400
Adjusted value
$10,889
Value range
$9,059–$12,719
Comp $/acre
$1,405/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.7% versus the adjusted value.
Offer position
Max allowable offer
$6,222
Offer $/acre
$803/ac
Projected profit
$3,267
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-623069 | 13.4 | Jul 27, 2026 | $15,400 | 1,151 | 1,426 | 82 |
| NM-161890 | 5.7 | May 25, 2025 | $9,400 | 1,656 | 1,720 | 76 |
| NM-540959 | 2.9 | Dec 4, 2025 | $2,900 | 1,000 | 991 | 73 |
| NM-301117 | 3.3 | Jul 14, 2026 | $4,100 | 1,251 | 1,426 | 69 |
| NM-813652 | 20.4 | Oct 25, 2025 | $27,300 | 1,335 | 1,451 | 63 |
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.