Comparable sales & offer analysis
Parcel LA-489745
Morehouse County, LA · 757 ac · Residential · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,314,000
Adjusted value
$1,481,375
Value range
$1,180,157–$1,782,593
Comp $/acre
$1,958/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.3% versus the adjusted value.
Offer position
Max allowable offer
$846,500
Offer $/acre
$1,119/ac
Projected profit
$444,413
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 | 1,787 | 81 |
| LA-199105 | 475.8 | Nov 5, 2025 | $1,036,700 | 2,179 | 2,396 | 77 |
| LA-868634 | 338.3 | Jul 27, 2026 | $721,000 | 2,131 | 2,080 | 73 |
| LA-849309 | 551.6 | Feb 13, 2025 | $816,900 | 1,481 | 1,774 | 67 |
| LA-688941 | 422.5 | Jul 18, 2025 | $679,800 | 1,609 | 1,260 | 65 |
| LA-488105 | 230.6 | Jun 2, 2024 | $511,800 | 2,220 | 2,457 | 59 |
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.