Comparable sales & offer analysis
Parcel NM-923964
San Miguel County, NM · 25.61 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$45,000
Adjusted value
$44,832
Value range
$32,538–$57,126
Comp $/acre
$1,751/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.4% versus the adjusted value.
Offer position
Max allowable offer
$25,618
Offer $/acre
$1,000/ac
Projected profit
$13,450
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-573763 | 22.1 | Jun 15, 2026 | $22,300 | 1,006 | 1,408 | 82 |
| NM-844281 | 32.2 | Jan 19, 2025 | $25,700 | 797 | 1,074 | 70 |
| NM-145383 | 71.6 | Jun 29, 2025 | $103,300 | 1,443 | 2,236 | 62 |
| NM-712901 | 11.9 | Sep 18, 2024 | $20,900 | 1,764 | 2,468 | 58 |
| NM-105193 | 62.4 | Nov 23, 2024 | $69,600 | 1,115 | 1,635 | 57 |
| NM-305526 | 79.4 | Sep 6, 2024 | $63,900 | 804 | 1,937 | 56 |
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.