Comparable sales & offer analysis
Parcel LA-199105
Morehouse County, LA · 476 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,153,200
Adjusted value
$860,065
Value range
$714,430–$1,005,700
Comp $/acre
$1,807/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.1% versus the adjusted value.
Offer position
Max allowable offer
$491,466
Offer $/acre
$1,033/ac
Projected profit
$258,020
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-868634 | 338.3 | Jul 27, 2026 | $721,000 | 2,131 | 1,952 | 81 |
| LA-489745 | 756.5 | Apr 25, 2025 | $1,373,100 | 1,815 | 1,808 | 75 |
| LA-688941 | 422.5 | Jul 18, 2025 | $679,800 | 1,609 | 1,183 | 75 |
| LA-489619 | 690.5 | Jul 27, 2026 | $1,020,200 | 1,477 | 1,678 | 75 |
| LA-728012 | 215.6 | Jul 27, 2026 | $618,800 | 2,871 | 1,871 | 75 |
| LA-849309 | 551.6 | Feb 13, 2025 | $816,900 | 1,481 | 1,666 | 70 |
| LA-357509 | 149.7 | May 26, 2026 | $287,100 | 1,917 | 2,068 | 68 |
| LA-488105 | 230.6 | Jun 2, 2024 | $511,800 | 2,220 | 2,307 | 64 |
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.