Comparable sales & offer analysis
Parcel LA-582949
Morehouse County, LA · 5.50 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$23,700
Adjusted value
$21,866
Value range
$18,680–$25,052
Comp $/acre
$3,976/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.4% versus the adjusted value.
Offer position
Max allowable offer
$12,495
Offer $/acre
$2,272/ac
Projected profit
$6,560
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-392413 | 3.7 | Jul 27, 2026 | $15,400 | 4,133 | 4,098 | 81 |
| LA-313107 | 6.2 | Jul 19, 2024 | $22,500 | 3,645 | 4,007 | 79 |
| LA-373153 | 6.4 | May 12, 2026 | $43,700 | 6,850 | 4,205 | 77 |
| LA-193633 | 9.0 | Jul 27, 2026 | $35,400 | 3,920 | 3,502 | 76 |
| LA-723877 | 10.8 | Jul 27, 2026 | $70,900 | 6,581 | 4,831 | 74 |
| LA-512191 | 3.2 | Jul 27, 2026 | $18,200 | 5,730 | 4,131 | 71 |
| LA-293564 | 8.6 | Jun 20, 2025 | $33,700 | 3,924 | 3,611 | 69 |
| LA-823783 | 10.1 | Jan 27, 2025 | $52,400 | 5,206 | 4,925 | 65 |
| LA-421440 | 1.8 | May 6, 2025 | $8,300 | 4,487 | 3,345 | 62 |
| LA-444607 | 18.3 | Feb 10, 2025 | $64,800 | 3,541 | 2,911 | 62 |
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.