Comparable sales & offer analysis
Parcel NM-128085
Rio Arriba County, NM · 507 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$222,500
Adjusted value
$245,304
Value range
$214,704–$275,903
Comp $/acre
$484/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.3% versus the adjusted value.
Offer position
Max allowable offer
$140,173
Offer $/acre
$276/ac
Projected profit
$73,591
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 | 493 | 84 |
| NM-897868 | 433.3 | Jul 13, 2024 | $192,900 | 445 | 546 | 79 |
| NM-717247 | 276.3 | May 19, 2026 | $208,800 | 756 | 526 | 72 |
| NM-429788 | 1741.0 | Jul 27, 2026 | $770,800 | 443 | 476 | 68 |
| NM-788764 | 829.1 | Oct 29, 2025 | $235,900 | 285 | 404 | 68 |
| NM-837572 | 349.6 | Feb 22, 2025 | $180,600 | 517 | 581 | 66 |
| NM-476366 | 145.9 | Jul 27, 2026 | $80,000 | 548 | 391 | 64 |
| NM-156586 | 171.2 | Aug 31, 2025 | $75,500 | 441 | 426 | 60 |
| NM-279106 | 1062.3 | Jul 20, 2024 | $373,700 | 352 | 488 | 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.