Comparable sales & offer analysis
Parcel LA-849309
Morehouse County, LA · 552 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$971,300
Adjusted value
$969,736
Value range
$788,742–$1,150,730
Comp $/acre
$1,758/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.2% versus the adjusted value.
Offer position
Max allowable offer
$554,135
Offer $/acre
$1,005/ac
Projected profit
$290,921
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-489619 | 690.5 | Jul 27, 2026 | $1,020,200 | 1,477 | 1,595 | 84 |
| LA-868634 | 338.3 | Jul 27, 2026 | $721,000 | 2,131 | 1,856 | 77 |
| LA-688941 | 422.5 | Jul 18, 2025 | $679,800 | 1,609 | 1,124 | 74 |
| LA-199105 | 475.8 | Nov 5, 2025 | $1,036,700 | 2,179 | 2,138 | 73 |
| LA-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 1,779 | 71 |
| LA-489745 | 756.5 | Apr 25, 2025 | $1,373,100 | 1,815 | 1,718 | 68 |
| LA-488105 | 230.6 | Jun 2, 2024 | $511,800 | 2,220 | 2,192 | 60 |
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.