Comparable sales & offer analysis
Parcel NM-881938
San Miguel County, NM · 5.90 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,600
Adjusted value
$9,828
Value range
$7,369–$12,286
Comp $/acre
$1,666/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.2% versus the adjusted value.
Offer position
Max allowable offer
$5,616
Offer $/acre
$952/ac
Projected profit
$2,948
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-351889 | 5.7 | Oct 28, 2025 | $6,000 | 1,045 | 1,488 | 78 |
| NM-540374 | 1.9 | Jul 27, 2026 | $3,800 | 1,986 | 1,638 | 76 |
| NM-171458 | 4.2 | Apr 14, 2026 | $7,300 | 1,742 | 2,400 | 75 |
| NM-361575 | 4.5 | May 30, 2025 | $3,900 | 860 | 1,324 | 71 |
| NM-601259 | 3.6 | Apr 26, 2025 | $5,500 | 1,514 | 1,336 | 68 |
| NM-722227 | 7.3 | Jan 5, 2025 | $7,700 | 1,059 | 1,342 | 67 |
| NM-712901 | 11.9 | Sep 18, 2024 | $20,900 | 1,764 | 2,346 | 62 |
| NM-551016 | 3.0 | Jul 9, 2025 | $3,700 | 1,218 | 1,455 | 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.