Comparable sales & offer analysis
Parcel NM-394161
Santa Fe County, NM · 29.54 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$47,200
Adjusted value
$50,121
Value range
$36,195–$64,047
Comp $/acre
$1,697/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.8% versus the adjusted value.
Offer position
Max allowable offer
$28,641
Offer $/acre
$970/ac
Projected profit
$15,036
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 | 2,032 | 77 |
| NM-193540 | 18.8 | Jul 4, 2026 | $26,200 | 1,390 | 1,417 | 77 |
| NM-485387 | 71.8 | Jul 27, 2026 | $114,400 | 1,593 | 1,389 | 73 |
| NM-344525 | 38.5 | Jun 19, 2025 | $103,500 | 2,692 | 1,778 | 71 |
| NM-845436 | 74.4 | Oct 21, 2025 | $59,700 | 803 | 1,074 | 70 |
| NM-715736 | 92.5 | Jul 27, 2026 | $263,000 | 2,844 | 2,639 | 68 |
| NM-812908 | 11.9 | Jun 23, 2025 | $39,800 | 3,337 | 1,947 | 63 |
| NM-955581 | 82.7 | Apr 1, 2024 | $90,500 | 1,096 | 1,277 | 59 |
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.