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Evangeline County, LA · Sold

LA-853893

4027 County Road 188

$70,000
$6,416/ac · 10.91 ac
Acreage10.91 ac
Price per acre$6,416/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMar 18, 2024
Coordinates30.6814, -92.4354
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
36
Moderate risk
Wetlands34.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

465 ft of deeded road frontage.

Power235 ft away

Power at or near the road.

Buildable area6.77 of 10.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$73,912
$60,885$86,939 · $6,775/ac on 10.91 ac
Asking vs estimate
-5.3%
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 $70,000
Maximum allowable offer
$42,236
$3,871/ac · +30.0% target margin

You need $27,764 off asking to hit this margin.

All-in cost$45,826
Net resale$67,999
Projected profit$22,173
ROI+48.4%
Annualized+69.2%
Break-even resale$4,566/ac
Profit if resale lands off target
-20%
$8,573
-10%
$15,373
0%
$22,173
+10%
$28,973
+20%
$35,773
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-264100
Gravel · Power at road
12.7Jul 27, 2026$62,8004,9605,0384.0 mi
89
LA-654367
Gravel · Off grid
15.4Aug 19, 2025$72,3004,7035,9572.7 mi
76
LA-405801
Gravel · Power at road
43.5Jul 27, 2026$228,6005,2606,3587.9 mi
70
LA-294564
Paved · Off grid
17.7Mar 14, 2025$134,5007,5868,4214.4 mi
68
LA-985856
Landlocked · Power at road
45.2Jul 27, 2026$217,0004,7998,5947.4 mi
68
LA-903108
Paved · Off grid
6.2Aug 25, 2024$35,2005,6885,90510.5 mi
66
LA-572015
Dirt · Power at road
2.8Mar 17, 2025$15,7005,5966,4237.9 mi
58
LA-256103
Gravel · Full utilities
54.1Jan 22, 2025$365,5006,7607,4355.9 mi
58
LA-535849
Paved · Off grid
45.0Nov 11, 2024$265,8005,9077,6795.1 mi
56
Show adjustment detail for the top comp
  • Tract size (12.67 ac → 10.91 ac)+1.4%

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.