Comparable sales & offer analysis
Parcel LA-868634
Morehouse County, LA · 338 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$833,500
Adjusted value
$695,646
Value range
$565,159–$826,133
Comp $/acre
$2,056/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.8% versus the adjusted value.
Offer position
Max allowable offer
$397,512
Offer $/acre
$1,175/ac
Projected profit
$208,694
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 |
|---|---|---|---|---|---|---|
| LA-357509 | 149.7 | May 26, 2026 | $287,100 | 1,917 | 2,262 | 79 |
| LA-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 2,047 | 77 |
| LA-489619 | 690.5 | Jul 27, 2026 | $1,020,200 | 1,477 | 1,835 | 76 |
| LA-199105 | 475.8 | Nov 5, 2025 | $1,036,700 | 2,179 | 2,461 | 75 |
| LA-688941 | 422.5 | Jul 18, 2025 | $679,800 | 1,609 | 1,294 | 71 |
| LA-849309 | 551.6 | Feb 13, 2025 | $816,900 | 1,481 | 1,822 | 69 |
| LA-488105 | 230.6 | Jun 2, 2024 | $511,800 | 2,220 | 2,524 | 68 |
| LA-886958 | 100.5 | Jul 27, 2026 | $354,000 | 3,524 | 2,596 | 65 |
| LA-489745 | 756.5 | Apr 25, 2025 | $1,373,100 | 1,815 | 1,978 | 65 |
| LA-547048 | 107.2 | Jan 20, 2024 | $229,500 | 2,140 | 1,729 | 64 |
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.