Comparable sales & offer analysis
Parcel NM-540374
San Miguel County, NM · 1.90 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,800
Adjusted value
$3,935
Value range
$2,980–$4,891
Comp $/acre
$2,071/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.4% versus the adjusted value.
Offer position
Max allowable offer
$2,249
Offer $/acre
$1,184/ac
Projected profit
$1,181
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 | 2,540 | 76 |
| NM-601259 | 3.6 | Apr 26, 2025 | $5,500 | 1,514 | 1,633 | 67 |
| NM-551016 | 3.0 | Jul 9, 2025 | $3,700 | 1,218 | 1,778 | 65 |
| NM-171458 | 4.2 | Apr 14, 2026 | $7,300 | 1,742 | 2,932 | 65 |
| NM-361575 | 4.5 | May 30, 2025 | $3,900 | 860 | 1,618 | 62 |
| NM-351889 | 5.7 | Oct 28, 2025 | $6,000 | 1,045 | 1,818 | 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.