Comparable sales & offer analysis
Parcel NM-484386
Rio Arriba County, NM · 34.77 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$15,700
Adjusted value
$21,597
Value range
$17,867–$25,328
Comp $/acre
$621/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.3% versus the adjusted value.
Offer position
Max allowable offer
$12,341
Offer $/acre
$355/ac
Projected profit
$6,479
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-133800 | 22.8 | Jul 27, 2026 | $31,200 | 1,371 | 746 | 76 |
| NM-434187 | 30.1 | Nov 9, 2024 | $24,700 | 820 | 581 | 72 |
| NM-493007 | 12.8 | Jul 27, 2026 | $9,700 | 760 | 671 | 72 |
| NM-996021 | 113.7 | Dec 24, 2025 | $47,900 | 421 | 477 | 69 |
| NM-965496 | 77.7 | Dec 18, 2025 | $94,800 | 1,220 | 703 | 68 |
| NM-705001 | 54.3 | Dec 13, 2025 | $46,200 | 850 | 756 | 67 |
| NM-595465 | 76.0 | Jul 27, 2026 | $60,600 | 797 | 632 | 67 |
| NM-933558 | 19.1 | Jul 30, 2025 | $19,400 | 1,014 | 655 | 66 |
| NM-215056 | 56.5 | Mar 13, 2025 | $28,300 | 500 | 407 | 65 |
| NM-265866 | 101.6 | Dec 15, 2024 | $42,300 | 416 | 561 | 62 |
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.