Comparable sales & offer analysis
Parcel NM-406945
McKinley County, NM · 222 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$181,600
Adjusted value
$153,232
Value range
$126,135–$180,329
Comp $/acre
$690/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.5% versus the adjusted value.
Offer position
Max allowable offer
$87,561
Offer $/acre
$394/ac
Projected profit
$45,970
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-197149 | 257.4 | Nov 25, 2024 | $87,700 | 341 | 550 | 77 |
| NM-208186 | 545.5 | Jul 27, 2026 | $146,200 | 268 | 429 | 74 |
| NM-177146 | 256.8 | Mar 16, 2024 | $107,600 | 419 | 746 | 73 |
| NM-358144 | 529.1 | Jul 27, 2026 | $266,000 | 503 | 686 | 72 |
| NM-505987 | 110.9 | May 26, 2026 | $79,000 | 713 | 760 | 70 |
| NM-615712 | 90.9 | Apr 11, 2026 | $98,800 | 1,088 | 780 | 67 |
| NM-647401 | 308.9 | Jun 28, 2025 | $194,700 | 630 | 766 | 64 |
| NM-258457 | 663.8 | May 21, 2025 | $271,200 | 409 | 737 | 60 |
| NM-788612 | 742.7 | May 31, 2025 | $222,700 | 300 | 823 | 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.