Comparable sales & offer analysis
Parcel NM-942289
Rio Arriba County, NM · 7.61 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,500
Adjusted value
$6,849
Value range
$5,801–$7,896
Comp $/acre
$900/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.7% versus the adjusted value.
Offer position
Max allowable offer
$3,913
Offer $/acre
$514/ac
Projected profit
$2,055
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-493007 | 12.8 | Jul 27, 2026 | $9,700 | 760 | 1,010 | 78 |
| NM-792317 | 7.8 | Apr 24, 2025 | $9,400 | 1,203 | 890 | 76 |
| NM-491091 | 3.2 | Jul 27, 2026 | $2,600 | 805 | 779 | 75 |
| NM-731243 | 3.6 | Jul 27, 2026 | $2,800 | 777 | 642 | 73 |
| NM-771970 | 6.0 | Sep 23, 2025 | $6,800 | 1,120 | 980 | 72 |
| NM-560973 | 2.9 | Dec 11, 2025 | $3,500 | 1,194 | 825 | 70 |
| NM-341881 | 5.7 | Jul 17, 2025 | $6,500 | 1,148 | 1,008 | 68 |
| NM-933558 | 19.1 | Jul 30, 2025 | $19,400 | 1,014 | 985 | 68 |
| NM-133800 | 22.8 | Jul 27, 2026 | $31,200 | 1,371 | 1,123 | 68 |
| NM-960888 | 2.8 | Jul 27, 2026 | $2,500 | 905 | 769 | 66 |
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.
