Comparable sales & offer analysis
Parcel LA-688941
Morehouse County, LA · 423 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$791,400
Adjusted value
$1,155,189
Value range
$1,016,772–$1,293,606
Comp $/acre
$2,734/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.5% versus the adjusted value.
Offer position
Max allowable offer
$660,108
Offer $/acre
$1,562/ac
Projected profit
$346,557
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-489619 | 690.5 | Jul 27, 2026 | $1,020,200 | 1,477 | 2,386 | 79 |
| LA-868634 | 338.3 | Jul 27, 2026 | $721,000 | 2,131 | 2,776 | 79 |
| LA-199105 | 475.8 | Nov 5, 2025 | $1,036,700 | 2,179 | 3,199 | 77 |
| LA-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 2,661 | 75 |
| LA-849309 | 551.6 | Feb 13, 2025 | $816,900 | 1,481 | 2,368 | 72 |
| LA-488105 | 230.6 | Jun 2, 2024 | $511,800 | 2,220 | 3,281 | 68 |
| LA-357509 | 149.7 | May 26, 2026 | $287,100 | 1,917 | 2,940 | 68 |
| LA-489745 | 756.5 | Apr 25, 2025 | $1,373,100 | 1,815 | 2,570 | 65 |
| LA-867217 | 121.2 | Oct 7, 2024 | $235,400 | 1,942 | 2,380 | 58 |
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.