Yes, but in a way, that's similar to the Book of Mormon: they both refer to at least some undoubtedly real places - the first part of the BoM takes place in Israel and Arabia.I don't think its helpful to occlude the facts: there is a reliable archaeology that the civilizations accounted for in the Bible actually existed. Does the archaeology substantiate the Biblical tales? Many of them, no, and some of them are flatly contradicted. Figures like the Patriarchs vanish into the mists of history and while many speculate that there was some kind of "Exodus-event", it certainly acquired legendary proportions.
But other keys events we are certain of: the Babylonian Exile, the historical existence of the Prophets, the Temple's reconstruction, the existence of a historical Jesus...
From there, though, things have less support, but we see parallels in the Bible: outside of their respective texts in which the stories appear, there's no evidence for the voyage of Lehi and family from the Old World to the New World, just as there's no evidence for (and significant evidence against) the Exodus of Moses and his followers from Egypt to Canaan. There's no evidence for the destruction of Zarahemla or even its existence, but there's no evidence for the destruction of Sodom... or even its existence.
To play Devil's Advocate (or should that be Mormon's Advocate?) for a moment, the Americas are chock full of evidence for mysterious ancient civilizations, but without so much known about them to conclusively say whether or not a given event described in the BoM might have happened within one of them.This does not seem to me to be an immediate parallel to the state that the BOM finds itself in. Do students taking history, for example, learn of a mysterious civilization on North American soil in which the events of the BOM are purported to have taken place? Is even the historical context to be taken on faith?