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Allen County, LA · Sold

LA-789514

4559 County Road 60

$1,903,000
$2,974/ac · 640 ac
Acreage640 ac
Price per acre$2,974/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJul 30, 2024
Coordinates30.6076, -92.8968
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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
10
Low risk
Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,725 ft of deeded road frontage.

Power11,758 ft away

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

Buildable area594.57 of 639.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,689,120
$1,229,753$2,148,486 · $2,639/ac on 640 ac
Asking vs estimate
+12.7%
Priced above 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 $1,903,000
Maximum allowable offer
$965,211
$1,508/ac · +30.0% target margin

You need $937,789 off asking to hit this margin.

All-in cost$1,047,254
Net resale$1,553,990
Projected profit$506,736
ROI+48.4%
Annualized+69.2%
Break-even resale$1,779/ac
Profit if resale lands off target
-20%
$195,938
-10%
$351,337
0%
$506,736
+10%
$662,135
+20%
$817,534
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-578941
Gravel · Off grid
422.5Jul 27, 2026$955,4002,2612,3581.3 mi
83
LA-959626
Dirt · Power at road
694.0Jan 11, 2026$1,112,0001,6021,9631.3 mi
82
LA-948383
Dirt · Off grid
282.0Jul 20, 2026$690,5002,4482,6395.5 mi
74
LA-369205
Landlocked · Off grid
511.6Jun 30, 2025$1,254,7002,4534,16411.3 mi
72
LA-668925
Gravel · Power at road
417.7Sep 23, 2025$1,248,2002,9882,73410.9 mi
69
LA-319398
Gravel · Full utilities
588.4Jul 16, 2024$1,420,0002,4142,10311.1 mi
68
Show adjustment detail for the top comp
  • Tract size (422.54 ac → 639.94 ac)-11.8%
  • Access (Gravel → Paved)+18.0%

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.