Comparable sales & offer analysis
Parcel LA-408646
Tangipahoa County, LA · 341 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$614,900
Adjusted value
$813,131
Value range
$656,448–$969,814
Comp $/acre
$2,383/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.4% versus the adjusted value.
Offer position
Max allowable offer
$464,646
Offer $/acre
$1,362/ac
Projected profit
$243,939
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-368182 | 243.8 | Jul 31, 2025 | $840,000 | 3,445 | 2,780 | 75 |
| LA-528399 | 285.3 | Aug 27, 2024 | $655,000 | 2,296 | 2,757 | 70 |
| LA-257100 | 111.3 | Jun 27, 2026 | $189,100 | 1,698 | 1,576 | 68 |
| LA-177017 | 104.8 | Sep 30, 2024 | $249,000 | 2,375 | 2,166 | 63 |
| LA-369479 | 623.9 | Apr 13, 2024 | $1,188,000 | 1,904 | 2,581 | 62 |
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.