Comparable sales & offer analysis
Parcel LA-357509
Morehouse County, LA · 150 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$285,100
Adjusted value
$263,610
Value range
$211,973–$315,246
Comp $/acre
$1,760/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.2% versus the adjusted value.
Offer position
Max allowable offer
$150,634
Offer $/acre
$1,006/ac
Projected profit
$79,083
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-868634 | 338.3 | Jul 27, 2026 | $721,000 | 2,131 | 1,838 | 80 |
| LA-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 1,761 | 79 |
| LA-886958 | 100.5 | Jul 27, 2026 | $354,000 | 3,524 | 2,233 | 77 |
| LA-996448 | 69.4 | Jan 5, 2026 | $110,700 | 1,594 | 1,076 | 72 |
| LA-547048 | 107.2 | Jan 20, 2024 | $229,500 | 2,140 | 1,487 | 71 |
| LA-867217 | 121.2 | Oct 7, 2024 | $235,400 | 1,942 | 1,574 | 70 |
| LA-405861 | 45.4 | Aug 6, 2025 | $124,400 | 2,742 | 2,177 | 69 |
| LA-488105 | 230.6 | Jun 2, 2024 | $511,800 | 2,220 | 2,171 | 68 |
| LA-586362 | 65.2 | Jun 1, 2025 | $125,400 | 1,922 | 1,657 | 67 |
| LA-185842 | 44.8 | Feb 6, 2026 | $167,000 | 3,731 | 1,595 | 64 |
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.