Comparable sales & offer analysis
Parcel NM-193540
Santa Fe County, NM · 18.84 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$28,500
Adjusted value
$32,768
Value range
$24,809–$40,728
Comp $/acre
$1,739/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.0% versus the adjusted value.
Offer position
Max allowable offer
$18,725
Offer $/acre
$994/ac
Projected profit
$9,830
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-823549 | 19.0 | Nov 7, 2024 | $38,000 | 2,003 | 2,014 | 75 |
| NM-715736 | 92.5 | Jul 27, 2026 | $263,000 | 2,844 | 2,616 | 73 |
| NM-812908 | 11.9 | Jun 23, 2025 | $39,800 | 3,337 | 1,930 | 69 |
| NM-485387 | 71.8 | Jul 27, 2026 | $114,400 | 1,593 | 1,377 | 66 |
| NM-394161 | 29.5 | Jun 13, 2024 | $44,000 | 1,489 | 1,619 | 66 |
| NM-845436 | 74.4 | Oct 21, 2025 | $59,700 | 803 | 1,064 | 66 |
| NM-991346 | 3.8 | Apr 17, 2026 | $10,700 | 2,777 | 1,706 | 61 |
| NM-344525 | 38.5 | Jun 19, 2025 | $103,500 | 2,692 | 1,762 | 60 |
| NM-651508 | 4.3 | Aug 5, 2025 | $10,400 | 2,400 | 1,778 | 58 |
| NM-955581 | 82.7 | Apr 1, 2024 | $90,500 | 1,096 | 1,266 | 48 |
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.