Comparable sales & offer analysis
Parcel NM-279931
McKinley County, NM · 1,931 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$393,500
Adjusted value
$435,135
Value range
$348,080–$522,191
Comp $/acre
$225/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.6% versus the adjusted value.
Offer position
Max allowable offer
$248,649
Offer $/acre
$129/ac
Projected profit
$130,541
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-649831 | 1796.1 | May 10, 2026 | $359,500 | 200 | 159 | 80 |
| NM-508967 | 960.5 | Jul 27, 2026 | $372,200 | 388 | 292 | 73 |
| NM-548879 | 901.2 | Jun 24, 2026 | $316,200 | 351 | 224 | 70 |
| NM-289359 | 1275.9 | Apr 18, 2025 | $374,800 | 294 | 255 | 68 |
| NM-129173 | 1115.1 | Mar 23, 2025 | $261,000 | 234 | 166 | 67 |
| NM-788612 | 742.7 | May 31, 2025 | $222,700 | 300 | 277 | 65 |
| NM-668849 | 881.8 | Jun 11, 2025 | $203,000 | 230 | 224 | 63 |
| NM-789052 | 1021.5 | Apr 4, 2025 | $409,300 | 401 | 194 | 62 |
| NM-258457 | 663.8 | May 21, 2025 | $271,200 | 409 | 248 | 57 |
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.