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Allen County, LA · Sold

LA-114638

5269 County Road 371

$190,200
$10,166/ac · 18.71 ac
Acreage18.71 ac
Price per acre$10,166/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedSep 14, 2024
Coordinates30.5703, -92.8233
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

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,076 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area15.93 of 18.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$149,604
$107,715$191,494 · $7,996/ac on 18.71 ac
Asking vs estimate
+27.1%
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 $190,200
Maximum allowable offer
$85,488
$4,569/ac · +30.0% target margin

You need $104,712 off asking to hit this margin.

All-in cost$92,754
Net resale$137,636
Projected profit$44,882
ROI+48.4%
Annualized+69.3%
Break-even resale$5,389/ac
Profit if resale lands off target
-20%
$17,354
-10%
$31,118
0%
$44,882
+10%
$58,645
+20%
$72,409
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-794501
Paved · Full utilities
16.9Jun 23, 2026$210,40012,42112,3505.0 mi
88
LA-734395
Gravel · Power at road
15.7Nov 25, 2025$70,0004,4636,4851.6 mi
79
LA-865642
Dirt · Off grid
38.7Jul 27, 2026$175,3004,5269,9744.5 mi
79
LA-874994
Landlocked · Power at road
24.2Apr 29, 2026$55,6002,2985,0977.1 mi
77
LA-934396
Dirt · Power at road
15.7Nov 21, 2024$53,5003,4055,9916.1 mi
71
LA-786108
Landlocked · Off grid
54.3Jul 23, 2026$162,4002,9928,9054.6 mi
70
LA-866166
Paved · Full utilities
56.6Jul 27, 2026$298,1005,2676,34612.1 mi
70
Show adjustment detail for the top comp
  • Tract size (16.94 ac → 18.71 ac)-1.2%
  • Market time (2 mo)+0.6%

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.