Comparable sales & offer analysis
Parcel NM-600632
Santa Fe County, NM · 2.29 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,200
Adjusted value
$4,928
Value range
$4,081–$5,775
Comp $/acre
$2,152/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.5% versus the adjusted value.
Offer position
Max allowable offer
$2,816
Offer $/acre
$1,230/ac
Projected profit
$1,478
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-260866 | 2.7 | Jan 14, 2025 | $6,400 | 2,340 | 1,755 | 80 |
| NM-821013 | 3.0 | Jun 19, 2025 | $9,900 | 3,289 | 2,433 | 79 |
| NM-630589 | 2.2 | Aug 12, 2025 | $5,000 | 2,234 | 1,685 | 77 |
| NM-991346 | 3.8 | Apr 17, 2026 | $10,700 | 2,777 | 2,435 | 71 |
| NM-651508 | 4.3 | Aug 5, 2025 | $10,400 | 2,400 | 2,537 | 66 |
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.