Comparable sales & offer analysis
Parcel NM-487665
Taos County, NM · 374 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$279,500
Adjusted value
$407,000
Value range
$333,995–$480,004
Comp $/acre
$1,088/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.3% versus the adjusted value.
Offer position
Max allowable offer
$232,571
Offer $/acre
$622/ac
Projected profit
$122,100
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-138448 | 659.5 | Apr 23, 2026 | $598,300 | 907 | 1,103 | 79 |
| NM-517348 | 297.3 | Sep 22, 2025 | $280,500 | 944 | 787 | 78 |
| NM-578154 | 533.0 | Jun 3, 2026 | $753,700 | 1,414 | 1,156 | 76 |
| NM-978975 | 966.1 | Jul 27, 2026 | $409,100 | 423 | 843 | 76 |
| NM-597788 | 408.9 | Feb 21, 2025 | $567,500 | 1,388 | 1,298 | 74 |
| NM-868310 | 596.8 | Dec 3, 2024 | $543,700 | 911 | 1,322 | 66 |
| NM-656004 | 112.3 | Jun 18, 2025 | $145,900 | 1,299 | 987 | 58 |
| NM-505996 | 111.6 | Sep 3, 2024 | $224,900 | 2,015 | 1,278 | 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.