Comparable sales & offer analysis
Parcel NM-305526
San Miguel County, NM · 79.42 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$75,300
Adjusted value
$59,986
Value range
$46,493–$73,479
Comp $/acre
$755/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.5% versus the adjusted value.
Offer position
Max allowable offer
$34,278
Offer $/acre
$432/ac
Projected profit
$17,996
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-646129 | 122.9 | Jul 27, 2026 | $84,500 | 687 | 717 | 79 |
| NM-145383 | 71.6 | Jun 29, 2025 | $103,300 | 1,443 | 1,009 | 70 |
| NM-844281 | 32.2 | Jan 19, 2025 | $25,700 | 797 | 485 | 68 |
| NM-707104 | 249.1 | Apr 3, 2026 | $146,400 | 588 | 648 | 66 |
| NM-105193 | 62.4 | Nov 23, 2024 | $69,600 | 1,115 | 738 | 66 |
| NM-923964 | 25.6 | Jan 29, 2026 | $37,700 | 1,471 | 679 | 62 |
| NM-186736 | 190.8 | Apr 6, 2024 | $134,600 | 706 | 781 | 59 |
| NM-187153 | 258.1 | Dec 23, 2023 | $259,600 | 1,006 | 1,041 | 52 |
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.