Comparable sales & offer analysis
Parcel NM-712901
San Miguel County, NM · 11.86 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$24,900
Adjusted value
$14,844
Value range
$10,893–$18,794
Comp $/acre
$1,252/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +67.7% versus the adjusted value.
Offer position
Max allowable offer
$8,482
Offer $/acre
$715/ac
Projected profit
$4,453
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-881938 | 5.9 | Jul 27, 2026 | $12,200 | 2,063 | 1,688 | 75 |
| NM-573763 | 22.1 | Jun 15, 2026 | $22,300 | 1,006 | 1,087 | 73 |
| NM-722227 | 7.3 | Jan 5, 2025 | $7,700 | 1,059 | 1,089 | 69 |
| NM-171458 | 4.2 | Apr 14, 2026 | $7,300 | 1,742 | 1,948 | 66 |
| NM-351889 | 5.7 | Oct 28, 2025 | $6,000 | 1,045 | 1,208 | 66 |
| NM-923964 | 25.6 | Jan 29, 2026 | $37,700 | 1,471 | 1,161 | 65 |
| NM-844281 | 32.2 | Jan 19, 2025 | $25,700 | 797 | 829 | 65 |
| NM-361575 | 4.5 | May 30, 2025 | $3,900 | 860 | 1,075 | 59 |
| NM-601259 | 3.6 | Apr 26, 2025 | $5,500 | 1,514 | 1,085 | 55 |
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.