Comparable sales & offer analysis
Parcel LA-512191
Morehouse County, LA · 3.18 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$19,700
Adjusted value
$16,855
Value range
$14,103–$19,607
Comp $/acre
$5,300/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.9% versus the adjusted value.
Offer position
Max allowable offer
$9,631
Offer $/acre
$3,029/ac
Projected profit
$5,056
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 | 5,696 | 82 |
| LA-191909 | 2.6 | Jul 30, 2024 | $10,900 | 4,208 | 4,544 | 77 |
| LA-373153 | 6.4 | May 12, 2026 | $43,700 | 6,850 | 5,846 | 76 |
| LA-210706 | 1.1 | Jan 14, 2026 | $4,100 | 3,773 | 3,786 | 76 |
| LA-193633 | 9.0 | Jul 27, 2026 | $35,400 | 3,920 | 4,868 | 70 |
| LA-830800 | 1.2 | Jul 27, 2026 | $6,800 | 5,860 | 5,486 | 70 |
| LA-582949 | 5.5 | Feb 2, 2026 | $25,100 | 4,568 | 6,528 | 68 |
| LA-723877 | 10.8 | Jul 27, 2026 | $70,900 | 6,581 | 6,715 | 66 |
| LA-421440 | 1.8 | May 6, 2025 | $8,300 | 4,487 | 4,652 | 66 |
| LA-293564 | 8.6 | Jun 20, 2025 | $33,700 | 3,924 | 5,021 | 65 |
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.