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Catahoula County, LA · Sold

LA-443797

4009 County Road 232

$106,200
$10,442/ac · 10.17 ac
Acreage10.17 ac
Price per acre$10,442/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedMay 17, 2024
Coordinates31.6255, -91.7979
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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

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

View Catahoula market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
19
Low risk
Wetlands9.0% of tract

Little to no mapped wetland coverage.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area8.79 of 10.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$77,898
$64,166$91,631 · $7,660/ac on 10.17 ac
Asking vs estimate
+36.3%
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 $106,200
Maximum allowable offer
$44,513
$4,377/ac · +30.0% target margin

You need $61,687 off asking to hit this margin.

All-in cost$48,297
Net resale$71,666
Projected profit$23,370
ROI+48.4%
Annualized+69.3%
Break-even resale$5,162/ac
Profit if resale lands off target
-20%
$9,037
-10%
$16,203
0%
$23,370
+10%
$30,536
+20%
$37,703
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-742956
Dirt · Full utilities
5.5Feb 17, 2025$34,8006,2967,4802.6 mi
69
LA-231549
Gravel · Off grid
2.0Jul 2, 2026$11,3005,6617,59312.1 mi
68
LA-422885
Gravel · Off grid
5.3Mar 7, 2025$23,6004,4986,5667.8 mi
67
LA-743156
Dirt · Off grid
6.4Oct 2, 2024$39,0006,11010,6576.6 mi
65
LA-975099
Gravel · Off grid
26.1Aug 18, 2024$108,4004,1507,1857.7 mi
65
LA-861873
Dirt · Off grid
2.5Jun 6, 2025$9,5003,7536,1489.6 mi
56
LA-205594
Paved · Power at road
37.4Jan 29, 2024$217,1005,8047,8404.1 mi
55
Show adjustment detail for the top comp
  • Tract size (5.53 ac → 10.17 ac)-3.9%
  • Access (Dirt → Gravel)+16.3%
  • Market time (18 mo)+6.3%

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.