Comparable sales & offer analysis
Parcel NM-788764
Rio Arriba County, NM · 829 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$261,000
Adjusted value
$307,411
Value range
$282,818–$332,004
Comp $/acre
$371/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.1% versus the adjusted value.
Offer position
Max allowable offer
$175,663
Offer $/acre
$212/ac
Projected profit
$92,223
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-868008 | 479.5 | Jul 27, 2026 | $290,900 | 607 | 360 | 73 |
| NM-429788 | 1741.0 | Jul 27, 2026 | $770,800 | 443 | 348 | 72 |
| NM-279106 | 1062.3 | Jul 20, 2024 | $373,700 | 352 | 357 | 70 |
| NM-717247 | 276.3 | May 19, 2026 | $208,800 | 756 | 384 | 68 |
| NM-128085 | 507.0 | Feb 7, 2025 | $213,800 | 422 | 330 | 64 |
| NM-897868 | 433.3 | Jul 13, 2024 | $192,900 | 445 | 399 | 64 |
| NM-837572 | 349.6 | Feb 22, 2025 | $180,600 | 517 | 425 | 59 |
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.