Comparable sales & offer analysis
Parcel LA-357509
Morehouse County, LA · 150 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$285,100
Adjusted value
$262,224
Value range
$210,868–$313,580
Comp $/acre
$1,751/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.7% versus the adjusted value.
Offer position
Max allowable offer
$149,842
Offer $/acre
$1,001/ac
Projected profit
$78,667
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 | 1,827 | 81 |
| LA-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 1,751 | 80 |
| LA-886958 | 100.5 | Jul 27, 2026 | $354,000 | 3,524 | 2,221 | 79 |
| LA-996448 | 69.4 | Jan 5, 2026 | $110,700 | 1,594 | 1,070 | 73 |
| LA-867217 | 121.2 | Oct 7, 2024 | $235,400 | 1,942 | 1,566 | 71 |
| LA-547048 | 107.2 | Jan 20, 2024 | $229,500 | 2,140 | 1,479 | 71 |
| LA-405861 | 45.4 | Aug 6, 2025 | $124,400 | 2,742 | 2,166 | 69 |
| LA-488105 | 230.6 | Jun 2, 2024 | $511,800 | 2,220 | 2,159 | 69 |
| LA-586362 | 65.2 | Jun 1, 2025 | $125,400 | 1,922 | 1,648 | 68 |
| LA-185842 | 44.8 | Feb 6, 2026 | $167,000 | 3,731 | 1,586 | 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.