Comparable sales & offer analysis
Parcel LA-193633
Morehouse County, LA · 9.03 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$35,500
Adjusted value
$42,733
Value range
$36,417–$49,049
Comp $/acre
$4,732/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.9% versus the adjusted value.
Offer position
Max allowable offer
$24,419
Offer $/acre
$2,704/ac
Projected profit
$12,820
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-373153 | 6.4 | May 12, 2026 | $43,700 | 6,850 | 4,744 | 82 |
| LA-823783 | 10.1 | Jan 27, 2025 | $52,400 | 5,206 | 5,556 | 78 |
| LA-392413 | 3.7 | Jul 27, 2026 | $15,400 | 4,133 | 4,622 | 78 |
| LA-293564 | 8.6 | Jun 20, 2025 | $33,700 | 3,924 | 4,074 | 77 |
| LA-723877 | 10.8 | Jul 27, 2026 | $70,900 | 6,581 | 5,449 | 76 |
| LA-844123 | 12.9 | Apr 5, 2024 | $50,800 | 3,944 | 5,221 | 76 |
| LA-604736 | 20.1 | Jul 27, 2026 | $38,700 | 1,926 | 3,091 | 72 |
| LA-582949 | 5.5 | Feb 2, 2026 | $25,100 | 4,568 | 5,297 | 72 |
| LA-512191 | 3.2 | Jul 27, 2026 | $18,200 | 5,730 | 4,660 | 69 |
| LA-313107 | 6.2 | Jul 19, 2024 | $22,500 | 3,645 | 4,520 | 67 |
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.