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Cameron County, LA · Sold

LA-462353

5923 County Road 40

$8,500
$2,381/ac · 3.57 ac
Acreage3.57 ac
Price per acre$2,381/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedOct 15, 2024
Coordinates29.8911, -93.2857
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

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

View Cameron market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands19.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power89 ft away

Power at or near the road.

Buildable area2.74 of 3.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,656
$6,526$10,786 · $2,425/ac on 3.57 ac
Asking vs estimate
-1.8%
In line with the comp set

Weighted from 10 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 $8,500
Maximum allowable offer
$4,946
$1,386/ac · +30.0% target margin

You need $3,554 off asking to hit this margin.

All-in cost$5,366
Net resale$7,964
Projected profit$2,597
ROI+48.4%
Annualized+69.3%
Break-even resale$1,634/ac
Profit if resale lands off target
-20%
$1,005
-10%
$1,801
0%
$2,597
+10%
$3,394
+20%
$4,190
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-892813
Gravel · Power at road
5.0Jul 27, 2026$17,8003,5622,4604.4 mi
82
LA-992058
Dirt · Full utilities
2.9Jul 27, 2026$9,1003,1312,0219.0 mi
79
LA-233320
Landlocked · Power at road
7.2Jul 27, 2026$25,2003,4963,6214.8 mi
79
LA-232739
Landlocked · Off grid
4.7Jul 5, 2025$11,9002,5193,1363.0 mi
77
LA-931296
Gravel · Off grid
1.7Jul 27, 2026$4,4002,6342,0734.4 mi
74
LA-671211
Landlocked · Power at road
1.6Jul 27, 2026$2,6001,6851,65612.3 mi
74
LA-231795
Gravel · Off grid
2.4Jul 27, 2026$8,2003,4342,72214.6 mi
73
LA-553734
Landlocked · Off grid
9.7Dec 15, 2025$20,0002,0582,6267.5 mi
71
LA-803135
Landlocked · Full utilities
6.3Jun 25, 2025$12,7002,0141,7745.4 mi
71
LA-792615
Gravel · Full utilities
4.3Sep 5, 2024$14,5003,3652,0434.6 mi
71
Show adjustment detail for the top comp
  • Tract size (4.99 ac → 3.57 ac)+1.3%
  • Access (Gravel → Landlocked)-32.0%

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.