Comparable sales & offer analysis
Parcel NM-400064
San Juan County, NM · 1.52 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,600
Adjusted value
$1,575
Value range
$1,149–$2,000
Comp $/acre
$1,036/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.6% versus the adjusted value.
Offer position
Max allowable offer
$900
Offer $/acre
$592/ac
Projected profit
$472
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-560476 | 2.0 | Jul 27, 2026 | $4,400 | 2,156 | 1,259 | 78 |
| NM-331190 | 3.4 | Feb 12, 2026 | $6,500 | 1,909 | 1,294 | 70 |
| NM-570615 | 2.3 | Jan 26, 2025 | $2,700 | 1,191 | 740 | 70 |
| NM-880589 | 2.2 | Sep 22, 2024 | $2,200 | 1,002 | 710 | 69 |
| NM-611511 | 4.3 | Jun 17, 2026 | $5,100 | 1,184 | 710 | 67 |
| NM-461726 | 5.1 | Mar 15, 2025 | $8,800 | 1,733 | 1,299 | 57 |
| NM-801498 | 4.3 | Jul 4, 2025 | $5,500 | 1,281 | 1,289 | 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.