Comparable sales & offer analysis
Parcel NM-178123
Sandoval County, NM · 521 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$314,600
Adjusted value
$306,189
Value range
$265,178–$347,200
Comp $/acre
$588/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.7% versus the adjusted value.
Offer position
Max allowable offer
$174,965
Offer $/acre
$336/ac
Projected profit
$91,857
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-557825 | 420.0 | Jun 19, 2026 | $193,100 | 460 | 545 | 76 |
| NM-788091 | 509.2 | Jun 17, 2024 | $263,600 | 518 | 655 | 74 |
| NM-717527 | 338.4 | Apr 17, 2026 | $230,700 | 682 | 495 | 73 |
| NM-237073 | 243.6 | Jan 6, 2026 | $166,100 | 682 | 654 | 68 |
| NM-627263 | 279.5 | Jan 27, 2025 | $259,400 | 928 | 700 | 63 |
| NM-376656 | 180.1 | Oct 30, 2025 | $90,100 | 500 | 477 | 60 |
| NM-706567 | 168.8 | Nov 29, 2025 | $163,800 | 970 | 587 | 59 |
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.