Comparable sales & offer analysis
Parcel LA-996448
Morehouse County, LA · 69.43 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$134,500
Adjusted value
$190,106
Value range
$158,044–$222,168
Comp $/acre
$2,738/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.3% versus the adjusted value.
Offer position
Max allowable offer
$108,632
Offer $/acre
$1,565/ac
Projected profit
$57,032
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-886958 | 100.5 | Jul 27, 2026 | $354,000 | 3,524 | 3,414 | 80 |
| LA-185842 | 44.8 | Feb 6, 2026 | $167,000 | 3,731 | 2,438 | 76 |
| LA-357509 | 149.7 | May 26, 2026 | $287,100 | 1,917 | 2,974 | 75 |
| LA-586362 | 65.2 | Jun 1, 2025 | $125,400 | 1,922 | 2,532 | 72 |
| LA-265810 | 43.7 | Feb 22, 2025 | $199,100 | 4,553 | 3,219 | 71 |
| LA-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 2,692 | 70 |
| LA-405861 | 45.4 | Aug 6, 2025 | $124,400 | 2,742 | 3,328 | 70 |
| LA-547048 | 107.2 | Jan 20, 2024 | $229,500 | 2,140 | 2,272 | 69 |
| LA-867217 | 121.2 | Oct 7, 2024 | $235,400 | 1,942 | 2,407 | 69 |
| LA-604736 | 20.1 | Jul 27, 2026 | $38,700 | 1,926 | 1,971 | 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.