Comparable sales & offer analysis
Parcel NM-908431
San Juan County, NM · 651 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$183,200
Adjusted value
$219,788
Value range
$165,648–$273,928
Comp $/acre
$337/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.6% versus the adjusted value.
Offer position
Max allowable offer
$125,593
Offer $/acre
$193/ac
Projected profit
$65,936
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-358291 | 588.6 | Mar 27, 2024 | $279,200 | 474 | 353 | 75 |
| NM-429065 | 1031.2 | Feb 21, 2026 | $310,600 | 301 | 241 | 70 |
| NM-178293 | 589.5 | Oct 27, 2023 | $299,000 | 507 | 303 | 68 |
| NM-576482 | 158.7 | Jul 29, 2024 | $146,800 | 925 | 326 | 54 |
| NM-986800 | 199.9 | Dec 14, 2023 | $222,100 | 1,111 | 505 | 51 |
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.