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Caddo County, LA · Sold

LA-601820

8708 County Road 338

$5,100
$2,099/ac · 2.43 ac
Acreage2.43 ac
Price per acre$2,099/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedDec 25, 2024
Coordinates32.6441, -93.8341
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

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

View Caddo market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,926 ft away

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

Buildable area2.27 of 2.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,418
$4,712$8,125 · $2,641/ac on 2.43 ac
Asking vs estimate
-20.5%
Priced below 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 $5,100
Maximum allowable offer
$3,668
$1,509/ac · +30.0% target margin

You need $1,432 off asking to hit this margin.

All-in cost$3,980
Net resale$5,905
Projected profit$1,925
ROI+48.4%
Annualized+69.2%
Break-even resale$1,780/ac
Profit if resale lands off target
-20%
$744
-10%
$1,335
0%
$1,925
+10%
$2,516
+20%
$3,106
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-681695
Paved · Off grid
2.2Nov 23, 2025$8,9004,0222,3837.7 mi
83
LA-671957
Gravel · Off grid
2.7Dec 15, 2025$11,2004,1852,9332.5 mi
82
LA-352558
Gravel · Power at road
4.2Jul 27, 2026$11,9002,8591,6847.3 mi
75
LA-382408
Dirt · Off grid
3.7Oct 12, 2025$10,3002,7632,29010.4 mi
71
LA-272591
Dirt · Power at road
4.3Sep 23, 2025$23,7005,5873,9659.0 mi
67
LA-380676
Gravel · Full utilities
1.1Jan 26, 2025$4,3004,0992,04010.7 mi
64
LA-240243
Gravel · Off grid
0.8Jun 29, 2025$2,6003,3372,3379.1 mi
61
LA-401157
Gravel · Power at road
1.5Dec 1, 2023$6,2004,1252,63111.1 mi
60
LA-760390
Paved · Power at road
0.9Jan 25, 2024$6,0007,0203,7485.0 mi
57
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Market time (9 mo)+3.1%

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.