Comparable sales & offer analysis
Parcel LA-488105
Morehouse County, LA · 231 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$521,200
Adjusted value
$437,414
Value range
$344,540–$530,287
Comp $/acre
$1,897/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.2% versus the adjusted value.
Offer position
Max allowable offer
$249,951
Offer $/acre
$1,084/ac
Projected profit
$131,224
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-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 1,978 | 86 |
| LA-868634 | 338.3 | Jul 27, 2026 | $721,000 | 2,131 | 2,063 | 79 |
| LA-357509 | 149.7 | May 26, 2026 | $287,100 | 1,917 | 2,185 | 79 |
| LA-688941 | 422.5 | Jul 18, 2025 | $679,800 | 1,609 | 1,250 | 72 |
| LA-489619 | 690.5 | Jul 27, 2026 | $1,020,200 | 1,477 | 1,773 | 72 |
| LA-886958 | 100.5 | Jul 27, 2026 | $354,000 | 3,524 | 2,508 | 71 |
| LA-199105 | 475.8 | Nov 5, 2025 | $1,036,700 | 2,179 | 2,377 | 70 |
| LA-996448 | 69.4 | Jan 5, 2026 | $110,700 | 1,594 | 1,208 | 68 |
| LA-867217 | 121.2 | Oct 7, 2024 | $235,400 | 1,942 | 1,768 | 67 |
| LA-849309 | 551.6 | Feb 13, 2025 | $816,900 | 1,481 | 1,760 | 63 |
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.