← New search
Evangeline County, LA · Sold

LA-488188

8310 County Road 309

$1,037,200
$4,235/ac · 245 ac
Acreage245 ac
Price per acre$4,235/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedJan 12, 2025
Coordinates30.7863, -92.3921
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

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

View Evangeline market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands12.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,499 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area203.80 of 244.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,094,932
$852,385$1,337,480 · $4,471/ac on 245 ac
Asking vs estimate
-5.3%
Priced below 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 $1,037,200
Maximum allowable offer
$625,676
$2,555/ac · +30.0% target margin

You need $411,524 off asking to hit this margin.

All-in cost$678,858
Net resale$1,007,338
Projected profit$328,479
ROI+48.4%
Annualized+69.2%
Break-even resale$3,013/ac
Profit if resale lands off target
-20%
$127,012
-10%
$227,745
0%
$328,479
+10%
$429,213
+20%
$529,947
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-348228
Gravel · Off grid
252.1Nov 13, 2025$730,4002,8974,3267.1 mi
81
LA-968582
Dirt · Full utilities
325.8Feb 13, 2026$1,150,9003,5334,5551.0 mi
81
LA-778714
Dirt · Full utilities
358.5Jul 27, 2026$1,315,6003,6704,7778.4 mi
79
LA-589046
Landlocked · Full utilities
455.9Oct 1, 2024$1,180,9002,5904,9304.4 mi
66
LA-899109
Dirt · Off grid
477.2Oct 31, 2025$741,4001,5543,25910.6 mi
65
LA-296662
Gravel · Power at road
81.1Jan 5, 2026$265,1003,2703,06210.3 mi
64
LA-106812
Landlocked · Full utilities
90.4Jan 7, 2024$466,8005,1656,4703.6 mi
60
Show adjustment detail for the top comp
  • Tract size (252.09 ac → 244.89 ac)+0.8%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (9 mo)+3.2%

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.