Comparable sales & offer analysis
Parcel NM-557825
Sandoval County, NM · 420 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$203,000
Adjusted value
$214,676
Value range
$186,158–$243,193
Comp $/acre
$511/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.4% versus the adjusted value.
Offer position
Max allowable offer
$122,672
Offer $/acre
$292/ac
Projected profit
$64,403
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-717527 | 338.4 | Apr 17, 2026 | $230,700 | 682 | 422 | 78 |
| NM-178123 | 521.2 | Jul 27, 2026 | $331,900 | 637 | 548 | 76 |
| NM-376656 | 180.1 | Oct 30, 2025 | $90,100 | 500 | 407 | 71 |
| NM-788091 | 509.2 | Jun 17, 2024 | $263,600 | 518 | 560 | 70 |
| NM-237073 | 243.6 | Jan 6, 2026 | $166,100 | 682 | 558 | 68 |
| NM-706567 | 168.8 | Nov 29, 2025 | $163,800 | 970 | 501 | 68 |
| NM-627263 | 279.5 | Jan 27, 2025 | $259,400 | 928 | 598 | 65 |
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.