Comparable sales & offer analysis
Parcel NM-520280
Sandoval County, NM · 1.78 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,800
Adjusted value
$3,090
Value range
$2,305–$3,875
Comp $/acre
$1,736/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.0% versus the adjusted value.
Offer position
Max allowable offer
$1,766
Offer $/acre
$992/ac
Projected profit
$927
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-140312 | 1.8 | Jul 27, 2026 | $2,400 | 1,327 | 1,957 | 85 |
| NM-670049 | 1.5 | Feb 24, 2026 | $2,000 | 1,316 | 1,338 | 83 |
| NM-140561 | 2.2 | Feb 24, 2026 | $3,500 | 1,612 | 2,428 | 76 |
| NM-370329 | 1.8 | Aug 14, 2024 | $2,500 | 1,340 | 1,690 | 72 |
| NM-762512 | 8.9 | Jul 27, 2026 | $9,800 | 1,100 | 1,173 | 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.