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Allen County, LA · Sold

LA-319398

8918 County Road 153

$1,658,900
$2,820/ac · 588 ac
Acreage588 ac
Price per acre$2,820/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJun 29, 2024
Coordinates30.6320, -92.7125
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Allen County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View Allen market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope10.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,973 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area541.61 of 588.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,006,211
$1,500,520$2,511,902 · $3,410/ac on 588 ac
Asking vs estimate
-17.3%
Priced below the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,658,900
Maximum allowable offer
$1,146,406
$1,948/ac · +30.0% target margin

You need $512,494 off asking to hit this margin.

All-in cost$1,243,851
Net resale$1,845,714
Projected profit$601,863
ROI+48.4%
Annualized+69.2%
Break-even resale$2,298/ac
Profit if resale lands off target
-20%
$232,721
-10%
$417,292
0%
$601,863
+10%
$786,435
+20%
$971,006
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-578941
Gravel · Off grid
422.5Jul 27, 2026$955,4002,2612,94311.3 mi
83
LA-959626
Dirt · Power at road
694.0Jan 11, 2026$1,112,0001,6022,4509.8 mi
80
LA-369205
Landlocked · Off grid
511.6Jun 30, 2025$1,254,7002,4535,1961.6 mi
77
LA-668925
Gravel · Power at road
417.7Sep 23, 2025$1,248,2002,9883,4114.0 mi
76
LA-948383
Dirt · Off grid
282.0Jul 20, 2026$690,5002,4483,2935.6 mi
73
LA-789514
Paved · Off grid
639.9Aug 27, 2025$1,583,3002,4743,21311.1 mi
73
Show adjustment detail for the top comp
  • Tract size (422.54 ac → 588.36 ac)-9.5%
  • Utilities (Off grid → Full utilities)+43.5%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.