Bienville County, LA · Sold

LA-207631

5680 County Road 238

$580,900

$3,551/ac · 164 ac

Offer report Market this tract

Acreage164 ac

Price per acre$3,551/ac

ZoningRecreational

Road accessGravel

UtilitiesPower at road

TopographyWooded

ListedOct 9, 2023

Coordinates32.2707, -92.9513

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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

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

View Bienville market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,249 ft of deeded road frontage.

Power39 ft away

Power at or near the road.

Buildable area149.81 of 163.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$561,693

$430,247 – $693,139 · $3,434/ac on 164 ac

Asking vs estimate

+3.4%

In line with the comp set

Weighted from 9 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 $580,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$320,967

$1,962/ac · +30.0% target margin

You need $259,933 off asking to hit this margin.

All-in cost$348,249

Net resale$516,758

Projected profit$168,508

ROI+48.4%

Annualized+69.3%

Break-even resale$2,314/ac

Profit if resale lands off target

-20%

$65,157

-10%

$116,833

$168,508

+10%

$220,184

+20%

$271,860

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-607805 Gravel · Power at road	185.6	Jul 27, 2026	$489,400	2,637	2,736	11.5 mi	84
LA-147764 Paved · Full utilities	180.1	Jul 7, 2026	$723,300	4,016	2,876	6.1 mi	83
LA-957667 Landlocked · Full utilities	167.9	Jul 27, 2026	$372,100	2,216	2,696	8.5 mi	83
LA-258340 Dirt · Power at road	273.4	Jul 27, 2026	$894,400	3,271	4,402	0.8 mi	82
LA-886114 Gravel · Off grid	54.5	Jul 27, 2026	$154,000	2,825	2,555	1.4 mi	75
LA-187980 Gravel · Power at road	210.6	Jan 9, 2025	$560,700	2,662	3,045	9.5 mi	73
LA-938872 Paved · Power at road	401.9	Oct 22, 2025	$1,544,400	3,842	4,354	11.0 mi	64
LA-616331 Paved · Off grid	63.8	Jan 15, 2025	$341,200	5,348	4,510	1.3 mi	64
LA-326562 Dirt · Power at road	75.4	Nov 14, 2024	$315,700	4,186	4,302	8.0 mi	62

Show adjustment detail for the top comp

Tract size (185.55 ac → 163.58 ac)+3.5%

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.

Build the listing kit Post a deal or JV