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Comparable sales & offer analysis

Parcel LA-293564

Morehouse County, LA · 8.59 ac · Agricultural · Dirt · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$35,900
Adjusted value
$41,180
Value range
$35,006–$47,354
Comp $/acre
$4,794/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.8% versus the adjusted value.

Offer position

Max allowable offer
$23,531
Offer $/acre
$2,739/ac
Projected profit
$12,354
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
LA-1936339.0Jul 27, 2026$35,4003,9204,01185
LA-72387710.8Jul 27, 2026$70,9006,5815,53383
LA-3731536.4May 12, 2026$43,7006,8504,81782
LA-82378310.1Jan 27, 2025$52,4005,2065,64279
LA-3924133.7Jul 27, 2026$15,4004,1334,69478
LA-5829495.5Feb 2, 2026$25,1004,5685,37873
LA-5121913.2Jul 27, 2026$18,2005,7304,73272
LA-60473620.1Jul 27, 2026$38,7001,9263,13970
LA-84412312.9Apr 5, 2024$50,8003,9445,30269
LA-3131076.2Jul 19, 2024$22,5003,6454,59068
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.