Comparable sales & offer analysis
Parcel LA-405861
Morehouse County, LA · 45.38 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$122,700
Adjusted value
$97,754
Value range
$76,769–$118,740
Comp $/acre
$2,154/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.5% versus the adjusted value.
Offer position
Max allowable offer
$55,860
Offer $/acre
$1,231/ac
Projected profit
$29,326
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-185842 | 44.8 | Feb 6, 2026 | $167,000 | 3,731 | 2,095 | 82 |
| LA-604736 | 20.1 | Jul 27, 2026 | $38,700 | 1,926 | 1,693 | 79 |
| LA-265810 | 43.7 | Feb 22, 2025 | $199,100 | 4,553 | 2,767 | 76 |
| LA-357509 | 149.7 | May 26, 2026 | $287,100 | 1,917 | 2,556 | 75 |
| LA-586362 | 65.2 | Jun 1, 2025 | $125,400 | 1,922 | 2,176 | 75 |
| LA-996448 | 69.4 | Jan 5, 2026 | $110,700 | 1,594 | 1,413 | 73 |
| LA-886958 | 100.5 | Jul 27, 2026 | $354,000 | 3,524 | 2,933 | 73 |
| LA-444607 | 18.3 | Feb 10, 2025 | $64,800 | 3,541 | 1,799 | 64 |
| LA-867217 | 121.2 | Oct 7, 2024 | $235,400 | 1,942 | 2,069 | 60 |
| LA-547048 | 107.2 | Jan 20, 2024 | $229,500 | 2,140 | 1,953 | 58 |
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.