Comparable sales & offer analysis
Parcel NM-707104
San Miguel County, NM · 249 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$139,200
Adjusted value
$189,848
Value range
$153,453–$226,243
Comp $/acre
$762/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.7% versus the adjusted value.
Offer position
Max allowable offer
$108,485
Offer $/acre
$436/ac
Projected profit
$56,954
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-297269 | 280.7 | Feb 21, 2026 | $174,800 | 623 | 562 | 83 |
| NM-646129 | 122.9 | Jul 27, 2026 | $84,500 | 687 | 664 | 80 |
| NM-187153 | 258.1 | Dec 23, 2023 | $259,600 | 1,006 | 965 | 71 |
| NM-186736 | 190.8 | Apr 6, 2024 | $134,600 | 706 | 723 | 71 |
| NM-145383 | 71.6 | Jun 29, 2025 | $103,300 | 1,443 | 935 | 58 |
| NM-305526 | 79.4 | Sep 6, 2024 | $63,900 | 804 | 810 | 58 |
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.