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Comparable sales & offer analysis

Parcel LA-728012

Morehouse County, LA · 216 ac · Recreational · Dirt · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$634,700
Adjusted value
$615,674
Value range
$477,899–$753,449
Comp $/acre
$2,856/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.1% versus the adjusted value.

Offer position

Max allowable offer
$351,814
Offer $/acre
$1,632/ac
Projected profit
$184,702
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-357509149.7May 26, 2026$287,1001,9173,19777
LA-868634338.3Jul 27, 2026$721,0002,1313,01876
LA-488105230.6Jun 2, 2024$511,8002,2203,56674
LA-886958100.5Jul 27, 2026$354,0003,5243,66973
LA-489619690.5Jul 27, 2026$1,020,2001,4772,59468
LA-867217121.2Oct 7, 2024$235,4001,9422,58668
LA-199105475.8Nov 5, 2025$1,036,7002,1793,47868
LA-688941422.5Jul 18, 2025$679,8001,6091,82866
LA-99644869.4Jan 5, 2026$110,7001,5941,76766
LA-849309551.6Feb 13, 2025$816,9001,4812,57462
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.