Comparable sales & offer analysis
Parcel NM-986800
San Juan County, NM · 200 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$226,200
Adjusted value
$168,217
Value range
$134,090–$202,345
Comp $/acre
$842/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.5% versus the adjusted value.
Offer position
Max allowable offer
$96,124
Offer $/acre
$481/ac
Projected profit
$50,465
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-475437 | 74.5 | Jul 22, 2026 | $73,100 | 981 | 889 | 79 |
| NM-145677 | 88.6 | Jul 27, 2026 | $180,300 | 2,035 | 1,146 | 75 |
| NM-576482 | 158.7 | Jul 29, 2024 | $146,800 | 925 | 799 | 74 |
| NM-545884 | 102.9 | Jul 28, 2025 | $61,900 | 601 | 612 | 65 |
| NM-908431 | 651.4 | Jun 28, 2026 | $168,500 | 259 | 637 | 64 |
| NM-358291 | 588.6 | Mar 27, 2024 | $279,200 | 474 | 864 | 59 |
| NM-385475 | 76.5 | Nov 26, 2024 | $66,600 | 870 | 998 | 55 |
| NM-178293 | 589.5 | Oct 27, 2023 | $299,000 | 507 | 742 | 52 |
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.