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Comparable sales & offer analysis

Parcel LA-210706

Morehouse County, LA · 1.08 ac · Recreational · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$4,800
Adjusted value
$6,295
Value range
$5,094–$7,497
Comp $/acre
$5,829/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.8% versus the adjusted value.

Offer position

Max allowable offer
$3,597
Offer $/acre
$3,331/ac
Projected profit
$1,889
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
LA-8308001.2Jul 27, 2026$6,8005,8605,60284
LA-5121913.2Jul 27, 2026$18,2005,7305,86580
LA-7504040.9Oct 20, 2025$5,8006,6495,62676
LA-2906931.1Jun 17, 2025$6,2005,8068,33074
LA-3924133.7Jul 27, 2026$15,4004,1335,81770
LA-4214401.8May 6, 2025$8,3004,4874,75069
LA-1919092.6Jul 30, 2024$10,9004,2084,64066
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.