Comparable sales & offer analysis
Parcel NM-429065
San Juan County, NM · 1,031 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$292,700
Adjusted value
$450,766
Value range
$342,951–$558,581
Comp $/acre
$437/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.1% versus the adjusted value.
Offer position
Max allowable offer
$257,581
Offer $/acre
$250/ac
Projected profit
$135,230
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-908431 | 651.4 | Jun 28, 2026 | $168,500 | 259 | 332 | 73 |
| NM-358291 | 588.6 | Mar 27, 2024 | $279,200 | 474 | 450 | 61 |
| NM-178293 | 589.5 | Oct 27, 2023 | $299,000 | 507 | 387 | 61 |
| NM-986800 | 199.9 | Dec 14, 2023 | $222,100 | 1,111 | 644 | 54 |
| NM-576482 | 158.7 | Jul 29, 2024 | $146,800 | 925 | 416 | 53 |
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.