Comparable sales & offer analysis
Parcel LA-421440
Morehouse County, LA · 1.84 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,000
Adjusted value
$10,662
Value range
$8,636–$12,689
Comp $/acre
$5,795/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.0% versus the adjusted value.
Offer position
Max allowable offer
$6,093
Offer $/acre
$3,311/ac
Projected profit
$3,199
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 | 5,821 | 83 |
| LA-830800 | 1.2 | Jul 27, 2026 | $6,800 | 5,860 | 5,607 | 76 |
| LA-512191 | 3.2 | Jul 27, 2026 | $18,200 | 5,730 | 5,869 | 73 |
| LA-210706 | 1.1 | Jan 14, 2026 | $4,100 | 3,773 | 3,869 | 72 |
| LA-750404 | 0.9 | Oct 20, 2025 | $5,800 | 6,649 | 5,629 | 71 |
| LA-191909 | 2.6 | Jul 30, 2024 | $10,900 | 4,208 | 4,642 | 70 |
| LA-373153 | 6.4 | May 12, 2026 | $43,700 | 6,850 | 5,974 | 70 |
| LA-290693 | 1.1 | Jun 17, 2025 | $6,200 | 5,806 | 8,335 | 68 |
| LA-582949 | 5.5 | Feb 2, 2026 | $25,100 | 4,568 | 6,671 | 66 |
| LA-313107 | 6.2 | Jul 19, 2024 | $22,500 | 3,645 | 5,693 | 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.