Comparable sales & offer analysis
Parcel LA-392413
Morehouse County, LA · 3.73 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$15,400
Adjusted value
$15,329
Value range
$13,134–$17,523
Comp $/acre
$4,110/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.5% versus the adjusted value.
Offer position
Max allowable offer
$8,759
Offer $/acre
$2,348/ac
Projected profit
$4,599
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-512191 | 3.2 | Jul 27, 2026 | $18,200 | 5,730 | 4,199 | 80 |
| LA-373153 | 6.4 | May 12, 2026 | $43,700 | 6,850 | 4,275 | 79 |
| LA-193633 | 9.0 | Jul 27, 2026 | $35,400 | 3,920 | 3,560 | 78 |
| LA-582949 | 5.5 | Feb 2, 2026 | $25,100 | 4,568 | 4,773 | 77 |
| LA-421440 | 1.8 | May 6, 2025 | $8,300 | 4,487 | 3,401 | 74 |
| LA-830800 | 1.2 | Jul 27, 2026 | $6,800 | 5,860 | 4,012 | 71 |
| LA-191909 | 2.6 | Jul 30, 2024 | $10,900 | 4,208 | 3,321 | 70 |
| LA-293564 | 8.6 | Jun 20, 2025 | $33,700 | 3,924 | 3,671 | 70 |
| LA-823783 | 10.1 | Jan 27, 2025 | $52,400 | 5,206 | 5,006 | 69 |
| LA-723877 | 10.8 | Jul 27, 2026 | $70,900 | 6,581 | 4,910 | 69 |
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.