Comparable sales & offer analysis
Parcel NM-573763
San Miguel County, NM · 22.14 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$22,300
Adjusted value
$27,407
Value range
$19,765–$35,048
Comp $/acre
$1,238/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.6% versus the adjusted value.
Offer position
Max allowable offer
$15,661
Offer $/acre
$707/ac
Projected profit
$8,222
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-923964 | 25.6 | Jan 29, 2026 | $37,700 | 1,471 | 1,088 | 78 |
| NM-844281 | 32.2 | Jan 19, 2025 | $25,700 | 797 | 777 | 65 |
| NM-145383 | 71.6 | Jun 29, 2025 | $103,300 | 1,443 | 1,618 | 63 |
| NM-712901 | 11.9 | Sep 18, 2024 | $20,900 | 1,764 | 1,785 | 62 |
| NM-105193 | 62.4 | Nov 23, 2024 | $69,600 | 1,115 | 1,183 | 60 |
| NM-722227 | 7.3 | Jan 5, 2025 | $7,700 | 1,059 | 1,021 | 59 |
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.