Comparable sales & offer analysis
Parcel LA-604736
Morehouse County, LA · 20.09 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$46,500
Adjusted value
$56,593
Value range
$47,734–$65,452
Comp $/acre
$2,817/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.8% versus the adjusted value.
Offer position
Max allowable offer
$32,339
Offer $/acre
$1,610/ac
Projected profit
$16,978
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-444607 | 18.3 | Feb 10, 2025 | $64,800 | 3,541 | 2,051 | 77 |
| LA-723877 | 10.8 | Jul 27, 2026 | $70,900 | 6,581 | 3,402 | 74 |
| LA-193633 | 9.0 | Jul 27, 2026 | $35,400 | 3,920 | 2,466 | 74 |
| LA-405861 | 45.4 | Aug 6, 2025 | $124,400 | 2,742 | 3,260 | 72 |
| LA-586362 | 65.2 | Jun 1, 2025 | $125,400 | 1,922 | 2,480 | 69 |
| LA-265810 | 43.7 | Feb 22, 2025 | $199,100 | 4,553 | 3,153 | 69 |
| LA-185842 | 44.8 | Feb 6, 2026 | $167,000 | 3,731 | 2,388 | 68 |
| LA-844123 | 12.9 | Apr 5, 2024 | $50,800 | 3,944 | 3,262 | 66 |
| LA-313107 | 6.2 | Jul 19, 2024 | $22,500 | 3,645 | 2,823 | 66 |
| LA-373153 | 6.4 | May 12, 2026 | $43,700 | 6,850 | 2,962 | 66 |
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.