Comparable sales & offer analysis
Parcel NM-279106
Rio Arriba County, NM · 1,062 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$408,900
Adjusted value
$405,907
Value range
$357,498–$454,316
Comp $/acre
$382/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.7% versus the adjusted value.
Offer position
Max allowable offer
$231,947
Offer $/acre
$218/ac
Projected profit
$121,772
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-788764 | 829.1 | Oct 29, 2025 | $235,900 | 285 | 317 | 76 |
| NM-429788 | 1741.0 | Jul 27, 2026 | $770,800 | 443 | 373 | 74 |
| NM-868008 | 479.5 | Jul 27, 2026 | $290,900 | 607 | 386 | 70 |
| NM-837572 | 349.6 | Feb 22, 2025 | $180,600 | 517 | 455 | 61 |
| NM-128085 | 507.0 | Feb 7, 2025 | $213,800 | 422 | 353 | 58 |
| NM-897868 | 433.3 | Jul 13, 2024 | $192,900 | 445 | 428 | 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.