Comparable sales & offer analysis
Parcel NM-647401
McKinley County, NM · 309 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$216,800
Adjusted value
$188,214
Value range
$153,120–$223,309
Comp $/acre
$609/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.2% versus the adjusted value.
Offer position
Max allowable offer
$107,551
Offer $/acre
$348/ac
Projected profit
$56,464
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-208186 | 545.5 | Jul 27, 2026 | $146,200 | 268 | 370 | 77 |
| NM-358144 | 529.1 | Jul 27, 2026 | $266,000 | 503 | 591 | 75 |
| NM-548879 | 901.2 | Jun 24, 2026 | $316,200 | 351 | 574 | 69 |
| NM-508967 | 960.5 | Jul 27, 2026 | $372,200 | 388 | 749 | 68 |
| NM-197149 | 257.4 | Nov 25, 2024 | $87,700 | 341 | 474 | 65 |
| NM-177146 | 256.8 | Mar 16, 2024 | $107,600 | 419 | 644 | 65 |
| NM-615712 | 90.9 | Apr 11, 2026 | $98,800 | 1,088 | 672 | 64 |
| NM-505987 | 110.9 | May 26, 2026 | $79,000 | 713 | 655 | 64 |
| NM-406945 | 222.0 | Dec 24, 2024 | $168,700 | 760 | 704 | 63 |
| NM-788612 | 742.7 | May 31, 2025 | $222,700 | 300 | 710 | 62 |
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.