Comparable sales & offer analysis
Parcel LA-849309
Morehouse County, LA · 552 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$971,300
Adjusted value
$964,455
Value range
$784,674–$1,144,237
Comp $/acre
$1,748/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.7% versus the adjusted value.
Offer position
Max allowable offer
$551,117
Offer $/acre
$999/ac
Projected profit
$289,337
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 | 1,586 | 85 |
| LA-868634 | 338.3 | Jul 27, 2026 | $721,000 | 2,131 | 1,845 | 79 |
| LA-688941 | 422.5 | Jul 18, 2025 | $679,800 | 1,609 | 1,118 | 74 |
| LA-199105 | 475.8 | Nov 5, 2025 | $1,036,700 | 2,179 | 2,127 | 74 |
| LA-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 1,769 | 73 |
| LA-489745 | 756.5 | Apr 25, 2025 | $1,373,100 | 1,815 | 1,709 | 68 |
| LA-488105 | 230.6 | Jun 2, 2024 | $511,800 | 2,220 | 2,181 | 61 |
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.