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Comparable sales & offer analysis

Parcel NM-705001

Rio Arriba County, NM · 54.29 ac · Recreational · Dirt · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$46,300
Adjusted value
$36,121
Value range
$29,292–$42,950
Comp $/acre
$665/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.2% versus the adjusted value.

Offer position

Max allowable offer
$20,640
Offer $/acre
$380/ac
Projected profit
$10,836
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-21505656.5Mar 13, 2025$28,30050047380
NM-59546576.0Jul 27, 2026$60,60079773574
NM-13380022.8Jul 27, 2026$31,2001,37186771
NM-96549677.7Dec 18, 2025$94,8001,22081767
NM-476366145.9Jul 27, 2026$80,00054860165
NM-48438634.8Jun 19, 2025$14,90042952664
NM-996021113.7Dec 24, 2025$47,90042155464
NM-93355819.1Jul 30, 2025$19,4001,01476162
NM-43418730.1Nov 9, 2024$24,70082067661
NM-156586171.2Aug 31, 2025$75,50044165561
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.