Comparable sales & offer analysis
Parcel NM-551016
San Miguel County, NM · 3.03 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,200
Adjusted value
$4,431
Value range
$3,379–$5,484
Comp $/acre
$1,462/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.2% versus the adjusted value.
Offer position
Max allowable offer
$2,532
Offer $/acre
$836/ac
Projected profit
$1,329
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-171458 | 4.2 | Apr 14, 2026 | $7,300 | 1,742 | 2,102 | 76 |
| NM-540374 | 1.9 | Jul 27, 2026 | $3,800 | 1,986 | 1,435 | 74 |
| NM-881938 | 5.9 | Jul 27, 2026 | $12,200 | 2,063 | 1,821 | 70 |
| NM-601259 | 3.6 | Apr 26, 2025 | $5,500 | 1,514 | 1,170 | 70 |
| NM-722227 | 7.3 | Jan 5, 2025 | $7,700 | 1,059 | 1,175 | 69 |
| NM-351889 | 5.7 | Oct 28, 2025 | $6,000 | 1,045 | 1,303 | 68 |
| NM-361575 | 4.5 | May 30, 2025 | $3,900 | 860 | 1,160 | 68 |
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.