Comparable sales & offer analysis
Parcel LA-750404
Morehouse County, LA · 0.87 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,600
Adjusted value
$5,836
Value range
$4,202–$7,470
Comp $/acre
$6,708/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.0% versus the adjusted value.
Offer position
Max allowable offer
$3,335
Offer $/acre
$3,833/ac
Projected profit
$1,751
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-830800 | 1.2 | Jul 27, 2026 | $6,800 | 5,860 | 6,888 | 79 |
| LA-210706 | 1.1 | Jan 14, 2026 | $4,100 | 3,773 | 4,753 | 77 |
| LA-290693 | 1.1 | Jun 17, 2025 | $6,200 | 5,806 | 10,239 | 73 |
| LA-421440 | 1.8 | May 6, 2025 | $8,300 | 4,487 | 5,839 | 69 |
| LA-191909 | 2.6 | Jul 30, 2024 | $10,900 | 4,208 | 5,702 | 60 |
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.