Comparable sales & offer analysis
Parcel NM-996021
Rio Arriba County, NM · 114 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$50,500
Adjusted value
$62,353
Value range
$50,804–$73,903
Comp $/acre
$549/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.0% versus the adjusted value.
Offer position
Max allowable offer
$35,630
Offer $/acre
$313/ac
Projected profit
$18,706
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-595465 | 76.0 | Jul 27, 2026 | $60,600 | 797 | 576 | 74 |
| NM-265866 | 101.6 | Dec 15, 2024 | $42,300 | 416 | 512 | 74 |
| NM-476366 | 145.9 | Jul 27, 2026 | $80,000 | 548 | 472 | 74 |
| NM-965496 | 77.7 | Dec 18, 2025 | $94,800 | 1,220 | 641 | 73 |
| NM-717247 | 276.3 | May 19, 2026 | $208,800 | 756 | 634 | 69 |
| NM-156586 | 171.2 | Aug 31, 2025 | $75,500 | 441 | 514 | 69 |
| NM-566080 | 118.6 | Sep 19, 2024 | $104,900 | 885 | 660 | 69 |
| NM-484386 | 34.8 | Jun 19, 2025 | $14,900 | 429 | 413 | 66 |
| NM-215056 | 56.5 | Mar 13, 2025 | $28,300 | 500 | 371 | 65 |
| NM-705001 | 54.3 | Dec 13, 2025 | $46,200 | 850 | 689 | 64 |
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.