Comparable sales & offer analysis
Parcel NM-376656
Sandoval County, NM · 180 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$102,800
Adjusted value
$124,394
Value range
$107,006–$141,781
Comp $/acre
$691/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.4% versus the adjusted value.
Offer position
Max allowable offer
$71,082
Offer $/acre
$395/ac
Projected profit
$37,318
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 | 590 | 77 |
| NM-706567 | 168.8 | Nov 29, 2025 | $163,800 | 970 | 636 | 76 |
| NM-237073 | 243.6 | Jan 6, 2026 | $166,100 | 682 | 708 | 73 |
| NM-717527 | 338.4 | Apr 17, 2026 | $230,700 | 682 | 536 | 70 |
| NM-627263 | 279.5 | Jan 27, 2025 | $259,400 | 928 | 759 | 70 |
| NM-178123 | 521.2 | Jul 27, 2026 | $331,900 | 637 | 695 | 67 |
| NM-788091 | 509.2 | Jun 17, 2024 | $263,600 | 518 | 710 | 62 |
| NM-955337 | 69.3 | Jul 12, 2024 | $61,500 | 889 | 895 | 59 |
| NM-265452 | 75.3 | May 25, 2024 | $115,200 | 1,531 | 748 | 57 |
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.