Comparable sales & offer analysis
Parcel NM-145383
San Miguel County, NM · 71.60 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$97,000
Adjusted value
$75,077
Value range
$63,694–$86,460
Comp $/acre
$1,049/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.2% versus the adjusted value.
Offer position
Max allowable offer
$42,901
Offer $/acre
$599/ac
Projected profit
$22,523
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 | 1,080 | 72 |
| NM-573763 | 22.1 | Jun 15, 2026 | $22,300 | 1,006 | 957 | 69 |
| NM-305526 | 79.4 | Sep 6, 2024 | $63,900 | 804 | 1,316 | 67 |
| NM-105193 | 62.4 | Nov 23, 2024 | $69,600 | 1,115 | 1,111 | 65 |
| NM-923964 | 25.6 | Jan 29, 2026 | $37,700 | 1,471 | 1,022 | 65 |
| NM-707104 | 249.1 | Apr 3, 2026 | $146,400 | 588 | 976 | 63 |
| NM-844281 | 32.2 | Jan 19, 2025 | $25,700 | 797 | 730 | 60 |
| NM-186736 | 190.8 | Apr 6, 2024 | $134,600 | 706 | 1,176 | 60 |
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.