Comparable sales & offer analysis
Parcel NM-279106
Rio Arriba County, NM · 1,062 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$408,900
Adjusted value
$408,144
Value range
$359,433–$456,855
Comp $/acre
$384/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.2% versus the adjusted value.
Offer position
Max allowable offer
$233,225
Offer $/acre
$220/ac
Projected profit
$122,443
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 | 318 | 75 |
| NM-429788 | 1741.0 | Jul 27, 2026 | $770,800 | 443 | 375 | 73 |
| NM-868008 | 479.5 | Jul 27, 2026 | $290,900 | 607 | 388 | 69 |
| NM-837572 | 349.6 | Feb 22, 2025 | $180,600 | 517 | 457 | 60 |
| NM-128085 | 507.0 | Feb 7, 2025 | $213,800 | 422 | 355 | 57 |
| NM-897868 | 433.3 | Jul 13, 2024 | $192,900 | 445 | 430 | 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.