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Morehouse County, LA · Sold

LA-373153

8484 County Road 57

$46,100
$7,226/ac · 6.38 ac
Acreage6.38 ac
Price per acre$7,226/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedMay 18, 2025
Coordinates32.8742, -91.7781
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

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

View Morehouse market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands1.0% of tract

Little to no mapped wetland coverage.

Average slope28.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

255 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.79 of 6.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,970
$35,010$48,930 · $6,578/ac on 6.38 ac
Asking vs estimate
+9.8%
Priced above 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 $46,100
Maximum allowable offer
$23,983
$3,759/ac · +30.0% target margin

You need $22,117 off asking to hit this margin.

All-in cost$26,022
Net resale$38,612
Projected profit$12,591
ROI+48.4%
Annualized+69.2%
Break-even resale$4,433/ac
Profit if resale lands off target
-20%
$4,868
-10%
$8,729
0%
$12,591
+10%
$16,452
+20%
$20,313
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-193633
Gravel · Off grid
9.0Jul 27, 2026$35,4003,9205,7667.1 mi
85
LA-392413
Dirt · Off grid
3.7Jul 27, 2026$15,4004,1336,7473.8 mi
82
LA-512191
Gravel · Power at road
3.2Jul 27, 2026$18,2005,7306,8033.2 mi
78
LA-723877
Dirt · Full utilities
10.8Jul 27, 2026$70,9006,5817,9559.9 mi
76
LA-293564
Dirt · Power at road
8.6Jun 20, 2025$33,7003,9245,9485.0 mi
76
LA-582949
Dirt · Off grid
5.5Feb 2, 2026$25,1004,5687,7339.9 mi
76
LA-823783
Dirt · Power at road
10.1Jan 27, 2025$52,4005,2068,1133.3 mi
73
LA-313107
Dirt · Off grid
6.2Jul 19, 2024$22,5003,6456,6019.8 mi
70
LA-191909
Gravel · Power at road
2.6Jul 30, 2024$10,9004,2085,3834.1 mi
68
LA-604736
Landlocked · Off grid
20.1Jul 27, 2026$38,7001,9264,5138.0 mi
68
Show adjustment detail for the top comp
  • Tract size (9.03 ac → 6.38 ac)+2.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.