Comparable sales & offer analysis
Parcel NM-670049
Sandoval County, NM · 1.50 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,900
Adjusted value
$2,806
Value range
$2,265–$3,348
Comp $/acre
$1,871/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.3% versus the adjusted value.
Offer position
Max allowable offer
$1,604
Offer $/acre
$1,069/ac
Projected profit
$842
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-520280 | 1.8 | Jul 27, 2026 | $3,400 | 1,904 | 1,925 | 86 |
| NM-140312 | 1.8 | Jul 27, 2026 | $2,400 | 1,327 | 1,974 | 83 |
| NM-140561 | 2.2 | Feb 24, 2026 | $3,500 | 1,612 | 2,448 | 73 |
| NM-370329 | 1.8 | Aug 14, 2024 | $2,500 | 1,340 | 1,703 | 68 |
| NM-693061 | 13.3 | Jul 27, 2026 | $22,200 | 1,665 | 1,858 | 64 |
| NM-762512 | 8.9 | Jul 27, 2026 | $9,800 | 1,100 | 1,183 | 62 |
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.