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Comparable sales & offer analysis

Parcel LA-582949

Morehouse County, LA · 5.50 ac · Unzoned · Dirt · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$23,700
Adjusted value
$21,751
Value range
$18,585–$24,918
Comp $/acre
$3,955/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.0% versus the adjusted value.

Offer position

Max allowable offer
$12,429
Offer $/acre
$2,260/ac
Projected profit
$6,525
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
LA-3924133.7Jul 27, 2026$15,4004,1334,07582
LA-3131076.2Jul 19, 2024$22,5003,6453,98780
LA-3731536.4May 12, 2026$43,7006,8504,18278
LA-1936339.0Jul 27, 2026$35,4003,9203,48277
LA-72387710.8Jul 27, 2026$70,9006,5814,80475
LA-5121913.2Jul 27, 2026$18,2005,7304,10872
LA-2935648.6Jun 20, 2025$33,7003,9243,59269
LA-82378310.1Jan 27, 2025$52,4005,2064,90065
LA-4214401.8May 6, 2025$8,3004,4873,32862
LA-44460718.3Feb 10, 2025$64,8003,5412,89662
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.