Comparable sales & offer analysis
Parcel NM-376656
Sandoval County, NM · 180 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$102,800
Adjusted value
$125,115
Value range
$107,643–$142,587
Comp $/acre
$695/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.8% versus the adjusted value.
Offer position
Max allowable offer
$71,494
Offer $/acre
$397/ac
Projected profit
$37,534
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 | 594 | 76 |
| NM-706567 | 168.8 | Nov 29, 2025 | $163,800 | 970 | 640 | 75 |
| NM-237073 | 243.6 | Jan 6, 2026 | $166,100 | 682 | 712 | 72 |
| NM-717527 | 338.4 | Apr 17, 2026 | $230,700 | 682 | 539 | 69 |
| NM-627263 | 279.5 | Jan 27, 2025 | $259,400 | 928 | 763 | 69 |
| NM-178123 | 521.2 | Jul 27, 2026 | $331,900 | 637 | 699 | 66 |
| NM-788091 | 509.2 | Jun 17, 2024 | $263,600 | 518 | 714 | 62 |
| NM-955337 | 69.3 | Jul 12, 2024 | $61,500 | 889 | 899 | 59 |
| NM-265452 | 75.3 | May 25, 2024 | $115,200 | 1,531 | 752 | 56 |
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.
