Comparable sales & offer analysis
Parcel NM-215056
Rio Arriba County, NM · 56.50 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$34,000
Adjusted value
$45,179
Value range
$37,428–$52,930
Comp $/acre
$800/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.7% versus the adjusted value.
Offer position
Max allowable offer
$25,817
Offer $/acre
$457/ac
Projected profit
$13,554
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-705001 | 54.3 | Dec 13, 2025 | $46,200 | 850 | 989 | 84 |
| NM-595465 | 76.0 | Jul 27, 2026 | $60,600 | 797 | 827 | 73 |
| NM-965496 | 77.7 | Dec 18, 2025 | $94,800 | 1,220 | 920 | 71 |
| NM-133800 | 22.8 | Jul 27, 2026 | $31,200 | 1,371 | 976 | 70 |
| NM-996021 | 113.7 | Dec 24, 2025 | $47,900 | 421 | 624 | 69 |
| NM-484386 | 34.8 | Jun 19, 2025 | $14,900 | 429 | 592 | 67 |
| NM-476366 | 145.9 | Jul 27, 2026 | $80,000 | 548 | 677 | 65 |
| NM-156586 | 171.2 | Aug 31, 2025 | $75,500 | 441 | 737 | 65 |
| NM-265866 | 101.6 | Dec 15, 2024 | $42,300 | 416 | 735 | 64 |
| NM-933558 | 19.1 | Jul 30, 2025 | $19,400 | 1,014 | 857 | 61 |
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.