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Allen County, LA · Sold

LA-369205

9482 County Road 202

$1,201,800
$2,349/ac · 512 ac
Acreage512 ac
Price per acre$2,349/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedAug 13, 2024
Coordinates30.6554, -92.7145
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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

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,466 ft away

A long utility run — price in solar/off-grid instead.

Buildable area434.01 of 511.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$740,168
$647,698$832,639 · $1,447/ac on 512 ac
Asking vs estimate
+62.4%
Priced above the comp set

Weighted from 7 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 $1,201,800
Maximum allowable offer
$422,953
$827/ac · +30.0% target margin

You need $778,847 off asking to hit this margin.

All-in cost$458,904
Net resale$680,955
Projected profit$222,051
ROI+48.4%
Annualized+69.2%
Break-even resale$975/ac
Profit if resale lands off target
-20%
$85,860
-10%
$153,955
0%
$222,051
+10%
$290,146
+20%
$358,242
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-578941
Gravel · Off grid
422.5Jul 27, 2026$955,4002,2611,45511.4 mi
81
LA-948383
Dirt · Off grid
282.0Jul 20, 2026$690,5002,4481,6286.0 mi
77
LA-668925
Gravel · Power at road
417.7Sep 23, 2025$1,248,2002,9881,6865.6 mi
75
LA-319398
Gravel · Full utilities
588.4Jul 16, 2024$1,420,0002,4141,2971.6 mi
73
LA-789514
Paved · Off grid
639.9Aug 27, 2025$1,583,3002,4741,58811.3 mi
73
LA-959626
Dirt · Power at road
694.0Jan 11, 2026$1,112,0001,6021,21110.1 mi
72
LA-177581
Paved · Power at road
157.8Jul 27, 2026$557,4003,5331,23611.9 mi
70
Show adjustment detail for the top comp
  • Tract size (422.54 ac → 511.59 ac)-5.6%
  • Access (Gravel → Landlocked)-32.0%

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.