Comparable sales & offer analysis
Parcel NM-712901
San Miguel County, NM · 11.86 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,900
Adjusted value
$14,914
Value range
$10,944–$18,884
Comp $/acre
$1,258/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +67.0% versus the adjusted value.
Offer position
Max allowable offer
$8,522
Offer $/acre
$719/ac
Projected profit
$4,474
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 | 1,697 | 73 |
| NM-573763 | 22.1 | Jun 15, 2026 | $22,300 | 1,006 | 1,093 | 72 |
| NM-722227 | 7.3 | Jan 5, 2025 | $7,700 | 1,059 | 1,095 | 69 |
| NM-171458 | 4.2 | Apr 14, 2026 | $7,300 | 1,742 | 1,959 | 65 |
| NM-351889 | 5.7 | Oct 28, 2025 | $6,000 | 1,045 | 1,214 | 65 |
| NM-923964 | 25.6 | Jan 29, 2026 | $37,700 | 1,471 | 1,168 | 64 |
| NM-844281 | 32.2 | Jan 19, 2025 | $25,700 | 797 | 834 | 64 |
| NM-361575 | 4.5 | May 30, 2025 | $3,900 | 860 | 1,081 | 58 |
| NM-601259 | 3.6 | Apr 26, 2025 | $5,500 | 1,514 | 1,091 | 54 |
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.