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Allen County, LA · Sold

LA-387188

1844 County Road 147

$370,000
$3,118/ac · 119 ac
Acreage119 ac
Price per acre$3,118/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJul 18, 2024
Coordinates30.6810, -92.7147
Loading terrain…
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
20
Low risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,670 ft of deeded road frontage.

Power6,984 ft away

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

Buildable area96.84 of 118.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$388,387
$328,950$447,825 · $3,273/ac on 119 ac
Asking vs estimate
-4.7%
In line with 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 $370,000
Maximum allowable offer
$221,936
$1,870/ac · +30.0% target margin

You need $148,064 off asking to hit this margin.

All-in cost$240,801
Net resale$357,316
Projected profit$116,516
ROI+48.4%
Annualized+69.2%
Break-even resale$2,206/ac
Profit if resale lands off target
-20%
$45,053
-10%
$80,784
0%
$116,516
+10%
$152,248
+20%
$187,979
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-796603
Gravel · Off grid
77.7Jul 22, 2026$261,1003,3613,0409.3 mi
80
LA-887337
Gravel · Power at road
132.2Feb 8, 2026$454,3003,4373,06911.1 mi
79
LA-948383
Dirt · Off grid
282.0Jul 20, 2026$690,5002,4483,6206.9 mi
77
LA-177581
Paved · Power at road
157.8Jul 27, 2026$557,4003,5332,74912.8 mi
76
LA-865642
Dirt · Off grid
38.7Jul 27, 2026$175,3004,5264,1217.8 mi
75
LA-786108
Landlocked · Off grid
54.3Jul 23, 2026$162,4002,9923,6798.3 mi
73
LA-866166
Paved · Full utilities
56.6Jul 27, 2026$298,1005,2672,62213.1 mi
69
Show adjustment detail for the top comp
  • Tract size (77.68 ac → 118.67 ac)-9.8%

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.