Comparable sales & offer analysis
Parcel NM-649831
McKinley County, NM · 1,796 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$426,500
Adjusted value
$517,677
Value range
$416,233–$619,120
Comp $/acre
$288/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.6% versus the adjusted value.
Offer position
Max allowable offer
$295,815
Offer $/acre
$165/ac
Projected profit
$155,303
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-508967 | 960.5 | Jul 27, 2026 | $372,200 | 388 | 373 | 83 |
| NM-279931 | 1931.0 | Jul 26, 2026 | $407,300 | 211 | 272 | 82 |
| NM-548879 | 901.2 | Jun 24, 2026 | $316,200 | 351 | 286 | 75 |
| NM-358144 | 529.1 | Jul 27, 2026 | $266,000 | 503 | 295 | 71 |
| NM-208186 | 545.5 | Jul 27, 2026 | $146,200 | 268 | 184 | 68 |
| NM-258457 | 663.8 | May 21, 2025 | $271,200 | 409 | 317 | 67 |
| NM-289359 | 1275.9 | Apr 18, 2025 | $374,800 | 294 | 326 | 67 |
| NM-789052 | 1021.5 | Apr 4, 2025 | $409,300 | 401 | 249 | 67 |
| NM-129173 | 1115.1 | Mar 23, 2025 | $261,000 | 234 | 212 | 64 |
| NM-788612 | 742.7 | May 31, 2025 | $222,700 | 300 | 354 | 64 |
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.