Comparable sales & offer analysis
Parcel NM-722227
San Miguel County, NM · 7.28 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,200
Adjusted value
$10,737
Value range
$8,002–$13,471
Comp $/acre
$1,475/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.3% versus the adjusted value.
Offer position
Max allowable offer
$6,135
Offer $/acre
$843/ac
Projected profit
$3,221
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-881938 | 5.9 | Jul 27, 2026 | $12,200 | 2,063 | 1,761 | 77 |
| NM-171458 | 4.2 | Apr 14, 2026 | $7,300 | 1,742 | 2,033 | 76 |
| NM-551016 | 3.0 | Jul 9, 2025 | $3,700 | 1,218 | 1,233 | 70 |
| NM-351889 | 5.7 | Oct 28, 2025 | $6,000 | 1,045 | 1,260 | 70 |
| NM-573763 | 22.1 | Jun 15, 2026 | $22,300 | 1,006 | 1,134 | 68 |
| NM-712901 | 11.9 | Sep 18, 2024 | $20,900 | 1,764 | 1,987 | 68 |
| NM-361575 | 4.5 | May 30, 2025 | $3,900 | 860 | 1,122 | 66 |
| NM-601259 | 3.6 | Apr 26, 2025 | $5,500 | 1,514 | 1,132 | 61 |
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.