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Morehouse County, LA · Sold

LA-582949

3369 County Road 68

$23,700
$4,309/ac · 5.50 ac
Acreage5.50 ac
Price per acre$4,309/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJun 21, 2025
Coordinates32.7410, -91.8425
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

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope12.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

299 ft of deeded road frontage.

Power2,350 ft away

Service extension needed; get a utility quote.

Buildable area4.12 of 5.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,751
$18,585$24,918 · $3,955/ac on 5.50 ac
Asking vs estimate
+9.0%
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 $23,700
Maximum allowable offer
$12,429
$2,260/ac · +30.0% target margin

You need $11,271 off asking to hit this margin.

All-in cost$13,485
Net resale$20,011
Projected profit$6,526
ROI+48.4%
Annualized+69.3%
Break-even resale$2,665/ac
Profit if resale lands off target
-20%
$2,523
-10%
$4,525
0%
$6,526
+10%
$8,527
+20%
$10,528
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-392413
Dirt · Off grid
3.7Jul 27, 2026$15,4004,1334,0756.8 mi
82
LA-313107
Dirt · Off grid
6.2Jul 19, 2024$22,5003,6453,9870.2 mi
80
LA-373153
Gravel · Full utilities
6.4May 12, 2026$43,7006,8504,1829.9 mi
78
LA-193633
Gravel · Off grid
9.0Jul 27, 2026$35,4003,9203,4828.5 mi
77
LA-723877
Dirt · Full utilities
10.8Jul 27, 2026$70,9006,5814,8049.0 mi
75
LA-512191
Gravel · Power at road
3.2Jul 27, 2026$18,2005,7304,10812.2 mi
72
LA-293564
Dirt · Power at road
8.6Jun 20, 2025$33,7003,9243,5929.7 mi
69
LA-823783
Dirt · Power at road
10.1Jan 27, 2025$52,4005,2064,8999.8 mi
65
LA-421440
Paved · Off grid
1.8May 6, 2025$8,3004,4873,3285.9 mi
62
LA-444607
Dirt · Full utilities
18.3Feb 10, 2025$64,8003,5412,8964.0 mi
62
Show adjustment detail for the top comp
  • Tract size (3.73 ac → 5.5 ac)-1.6%

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.