Comparable sales & offer analysis
Parcel NM-283171
Rio Arriba County, NM · 14.42 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$22,500
Adjusted value
$17,173
Value range
$14,312–$20,034
Comp $/acre
$1,191/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.0% versus the adjusted value.
Offer position
Max allowable offer
$9,813
Offer $/acre
$681/ac
Projected profit
$5,152
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 | 1,309 | 79 |
| NM-133800 | 22.8 | Jul 27, 2026 | $31,200 | 1,371 | 1,456 | 73 |
| NM-933558 | 19.1 | Jul 30, 2025 | $19,400 | 1,014 | 1,278 | 71 |
| NM-942289 | 7.6 | May 16, 2026 | $4,600 | 609 | 803 | 64 |
| NM-792317 | 7.8 | Apr 24, 2025 | $9,400 | 1,203 | 1,155 | 63 |
| NM-341881 | 5.7 | Jul 17, 2025 | $6,500 | 1,148 | 1,307 | 63 |
| NM-771970 | 6.0 | Sep 23, 2025 | $6,800 | 1,120 | 1,271 | 62 |
| NM-434187 | 30.1 | Nov 9, 2024 | $24,700 | 820 | 1,135 | 57 |
| NM-484386 | 34.8 | Jun 19, 2025 | $14,900 | 429 | 884 | 55 |
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.