Comparable sales & offer analysis
Parcel NM-937617
Santa Fe County, NM · 361 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$482,100
Adjusted value
$403,014
Value range
$290,170–$515,857
Comp $/acre
$1,116/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.6% versus the adjusted value.
Offer position
Max allowable offer
$230,294
Offer $/acre
$638/ac
Projected profit
$120,904
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-338756 | 824.4 | Jan 11, 2026 | $1,039,900 | 1,262 | 1,352 | 74 |
| NM-537250 | 276.9 | Sep 25, 2024 | $455,200 | 1,644 | 1,337 | 73 |
| NM-715736 | 92.5 | Jul 27, 2026 | $263,000 | 2,844 | 1,680 | 71 |
| NM-809272 | 1198.0 | Jul 27, 2026 | $672,900 | 562 | 816 | 68 |
| NM-485387 | 71.8 | Jul 27, 2026 | $114,400 | 1,593 | 884 | 65 |
| NM-955581 | 82.7 | Apr 1, 2024 | $90,500 | 1,096 | 813 | 58 |
| NM-549730 | 1669.4 | Sep 11, 2024 | $908,600 | 544 | 1,183 | 56 |
| NM-845436 | 74.4 | Oct 21, 2025 | $59,700 | 803 | 684 | 56 |
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.