Comparable sales & offer analysis
Parcel NM-463368
Sandoval County, NM · 16.63 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,700
Adjusted value
$23,264
Value range
$16,750–$29,777
Comp $/acre
$1,399/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.9% versus the adjusted value.
Offer position
Max allowable offer
$13,293
Offer $/acre
$799/ac
Projected profit
$6,979
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-693061 | 13.3 | Jul 27, 2026 | $22,200 | 1,665 | 1,393 | 88 |
| NM-113538 | 18.8 | Jul 27, 2026 | $21,900 | 1,165 | 1,489 | 85 |
| NM-333267 | 15.5 | Jul 27, 2026 | $27,000 | 1,749 | 1,728 | 83 |
| NM-263380 | 16.8 | Dec 29, 2024 | $40,300 | 2,402 | 2,195 | 77 |
| NM-762512 | 8.9 | Jul 27, 2026 | $9,800 | 1,100 | 887 | 76 |
| NM-564393 | 35.0 | Jul 27, 2026 | $34,100 | 977 | 930 | 76 |
| NM-514002 | 26.3 | Sep 2, 2025 | $30,900 | 1,172 | 1,302 | 72 |
| NM-753680 | 20.9 | Jun 7, 2024 | $33,200 | 1,591 | 1,775 | 71 |
| NM-794285 | 32.3 | Jul 27, 2026 | $59,800 | 1,849 | 1,207 | 69 |
| NM-334188 | 30.1 | Jun 22, 2025 | $20,600 | 685 | 979 | 66 |
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.