Comparable sales & offer analysis
Parcel NM-493007
Rio Arriba County, NM · 12.81 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$11,700
Adjusted value
$9,135
Value range
$7,241–$11,028
Comp $/acre
$713/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.1% versus the adjusted value.
Offer position
Max allowable offer
$5,220
Offer $/acre
$407/ac
Projected profit
$2,740
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-933558 | 19.1 | Jul 30, 2025 | $19,400 | 1,014 | 747 | 77 |
| NM-942289 | 7.6 | May 16, 2026 | $4,600 | 609 | 470 | 76 |
| NM-283171 | 14.4 | Jan 1, 2026 | $23,000 | 1,592 | 960 | 75 |
| NM-133800 | 22.8 | Jul 27, 2026 | $31,200 | 1,371 | 852 | 74 |
| NM-792317 | 7.8 | Apr 24, 2025 | $9,400 | 1,203 | 676 | 68 |
| NM-341881 | 5.7 | Jul 17, 2025 | $6,500 | 1,148 | 765 | 65 |
| NM-484386 | 34.8 | Jun 19, 2025 | $14,900 | 429 | 517 | 64 |
| NM-771970 | 6.0 | Sep 23, 2025 | $6,800 | 1,120 | 743 | 63 |
| NM-434187 | 30.1 | Nov 9, 2024 | $24,700 | 820 | 664 | 57 |
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.