Comparable sales & offer analysis
Parcel NM-564393
Sandoval County, NM · 34.95 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$40,400
Adjusted value
$51,463
Value range
$39,506–$63,419
Comp $/acre
$1,472/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.5% versus the adjusted value.
Offer position
Max allowable offer
$29,407
Offer $/acre
$841/ac
Projected profit
$15,439
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-794285 | 32.3 | Jul 27, 2026 | $59,800 | 1,849 | 1,270 | 85 |
| NM-113538 | 18.8 | Jul 27, 2026 | $21,900 | 1,165 | 1,567 | 83 |
| NM-334188 | 30.1 | Jun 22, 2025 | $20,600 | 685 | 1,031 | 79 |
| NM-693061 | 13.3 | Jul 27, 2026 | $22,200 | 1,665 | 1,465 | 77 |
| NM-114659 | 42.4 | Aug 31, 2024 | $70,200 | 1,656 | 1,521 | 75 |
| NM-514002 | 26.3 | Sep 2, 2025 | $30,900 | 1,172 | 1,370 | 74 |
| NM-534380 | 34.6 | Nov 16, 2024 | $45,400 | 1,311 | 1,404 | 74 |
| NM-333267 | 15.5 | Jul 27, 2026 | $27,000 | 1,749 | 1,819 | 74 |
| NM-463368 | 16.6 | May 8, 2025 | $15,900 | 954 | 1,063 | 68 |
| NM-263380 | 16.8 | Dec 29, 2024 | $40,300 | 2,402 | 2,311 | 67 |
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.