Comparable sales & offer analysis
Parcel NM-139193
San Miguel County, NM · 1,131 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$481,900
Adjusted value
$424,594
Value range
$341,528–$507,660
Comp $/acre
$375/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.5% versus the adjusted value.
Offer position
Max allowable offer
$242,625
Offer $/acre
$214/ac
Projected profit
$127,378
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-707104 | 249.1 | Apr 3, 2026 | $146,400 | 588 | 327 | 64 |
| NM-646129 | 122.9 | Jul 27, 2026 | $84,500 | 687 | 362 | 63 |
| NM-297269 | 280.7 | Feb 21, 2026 | $174,800 | 623 | 306 | 62 |
| NM-186736 | 190.8 | Apr 6, 2024 | $134,600 | 706 | 394 | 52 |
| NM-187153 | 258.1 | Dec 23, 2023 | $259,600 | 1,006 | 526 | 48 |
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.