Comparable sales & offer analysis
Parcel LA-373153
Morehouse County, LA · 6.38 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$46,100
Adjusted value
$42,202
Value range
$35,208–$49,195
Comp $/acre
$6,615/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.2% versus the adjusted value.
Offer position
Max allowable offer
$24,115
Offer $/acre
$3,780/ac
Projected profit
$12,660
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 | 5,799 | 84 |
| LA-392413 | 3.7 | Jul 27, 2026 | $15,400 | 4,133 | 6,785 | 81 |
| LA-512191 | 3.2 | Jul 27, 2026 | $18,200 | 5,730 | 6,841 | 77 |
| LA-293564 | 8.6 | Jun 20, 2025 | $33,700 | 3,924 | 5,980 | 76 |
| LA-723877 | 10.8 | Jul 27, 2026 | $70,900 | 6,581 | 7,999 | 75 |
| LA-582949 | 5.5 | Feb 2, 2026 | $25,100 | 4,568 | 7,775 | 75 |
| LA-823783 | 10.1 | Jan 27, 2025 | $52,400 | 5,206 | 8,156 | 73 |
| LA-313107 | 6.2 | Jul 19, 2024 | $22,500 | 3,645 | 6,635 | 70 |
| LA-191909 | 2.6 | Jul 30, 2024 | $10,900 | 4,208 | 5,410 | 67 |
| LA-604736 | 20.1 | Jul 27, 2026 | $38,700 | 1,926 | 4,538 | 66 |
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.