Comparable sales & offer analysis
Parcel LA-210706
Morehouse County, LA · 1.08 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,800
Adjusted value
$6,329
Value range
$5,119–$7,540
Comp $/acre
$5,860/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.2% versus the adjusted value.
Offer position
Max allowable offer
$3,617
Offer $/acre
$3,349/ac
Projected profit
$1,899
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-830800 | 1.2 | Jul 27, 2026 | $6,800 | 5,860 | 5,634 | 83 |
| LA-512191 | 3.2 | Jul 27, 2026 | $18,200 | 5,730 | 5,897 | 79 |
| LA-750404 | 0.9 | Oct 20, 2025 | $5,800 | 6,649 | 5,656 | 75 |
| LA-290693 | 1.1 | Jun 17, 2025 | $6,200 | 5,806 | 8,374 | 73 |
| LA-392413 | 3.7 | Jul 27, 2026 | $15,400 | 4,133 | 5,849 | 69 |
| LA-421440 | 1.8 | May 6, 2025 | $8,300 | 4,487 | 4,775 | 68 |
| LA-191909 | 2.6 | Jul 30, 2024 | $10,900 | 4,208 | 4,664 | 65 |
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.