Comparable sales & offer analysis
Parcel LA-373153
Morehouse County, LA · 6.38 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$46,100
Adjusted value
$41,970
Value range
$35,010–$48,930
Comp $/acre
$6,578/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.8% versus the adjusted value.
Offer position
Max allowable offer
$23,983
Offer $/acre
$3,759/ac
Projected profit
$12,591
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-193633 | 9.0 | Jul 27, 2026 | $35,400 | 3,920 | 5,766 | 85 |
| LA-392413 | 3.7 | Jul 27, 2026 | $15,400 | 4,133 | 6,747 | 82 |
| LA-512191 | 3.2 | Jul 27, 2026 | $18,200 | 5,730 | 6,803 | 78 |
| LA-723877 | 10.8 | Jul 27, 2026 | $70,900 | 6,581 | 7,955 | 76 |
| LA-293564 | 8.6 | Jun 20, 2025 | $33,700 | 3,924 | 5,948 | 76 |
| LA-582949 | 5.5 | Feb 2, 2026 | $25,100 | 4,568 | 7,733 | 76 |
| LA-823783 | 10.1 | Jan 27, 2025 | $52,400 | 5,206 | 8,113 | 73 |
| LA-313107 | 6.2 | Jul 19, 2024 | $22,500 | 3,645 | 6,601 | 70 |
| LA-191909 | 2.6 | Jul 30, 2024 | $10,900 | 4,208 | 5,383 | 68 |
| LA-604736 | 20.1 | Jul 27, 2026 | $38,700 | 1,926 | 4,513 | 68 |
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.