Comparable sales & offer analysis
Parcel NM-371189
McKinley County, NM · 3.43 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,900
Adjusted value
$3,543
Value range
$2,800–$4,287
Comp $/acre
$1,033/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.2% versus the adjusted value.
Offer position
Max allowable offer
$2,025
Offer $/acre
$590/ac
Projected profit
$1,063
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-320919 | 2.8 | Nov 9, 2024 | $3,600 | 1,293 | 995 | 73 |
| NM-282584 | 9.4 | Aug 12, 2025 | $4,600 | 484 | 783 | 64 |
| NM-970629 | 2.3 | Nov 27, 2024 | $3,700 | 1,635 | 1,208 | 64 |
| NM-351738 | 5.1 | Feb 25, 2025 | $6,800 | 1,323 | 842 | 63 |
| NM-412374 | 8.1 | May 28, 2024 | $11,500 | 1,423 | 1,375 | 58 |
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.