Comparable sales & offer analysis
Parcel NM-306565
Lincoln County, NM · 169 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$223,600
Adjusted value
$163,133
Value range
$140,729–$185,538
Comp $/acre
$968/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +37.1% versus the adjusted value.
Offer position
Max allowable offer
$93,219
Offer $/acre
$553/ac
Projected profit
$48,940
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-956740 | 191.4 | Feb 16, 2026 | $130,600 | 683 | 1,007 | 77 |
| NM-968439 | 655.2 | Jul 27, 2026 | $313,000 | 478 | 844 | 65 |
| NM-174231 | 31.1 | Jul 27, 2026 | $37,100 | 1,195 | 974 | 64 |
| NM-465376 | 71.2 | May 15, 2026 | $65,500 | 919 | 1,215 | 63 |
| NM-818805 | 854.1 | Jul 27, 2026 | $343,900 | 403 | 1,056 | 63 |
| NM-698120 | 520.0 | Apr 29, 2026 | $303,300 | 583 | 796 | 63 |
| NM-904925 | 51.4 | Jul 19, 2025 | $40,400 | 785 | 861 | 56 |
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.