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Morehouse County, LA · Sold

LA-512191

8967 County Road 267

$19,700
$6,195/ac · 3.18 ac
Acreage3.18 ac
Price per acre$6,195/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedMar 13, 2026
Coordinates32.8877, -91.7259
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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

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
17
Low risk
Wetlands14.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

299 ft of deeded road frontage.

Power60 ft away

Power at or near the road.

Buildable area2.57 of 3.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,855
$14,103$19,607 · $5,300/ac on 3.18 ac
Asking vs estimate
+16.9%
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 $19,700
Maximum allowable offer
$9,631
$3,029/ac · +30.0% target margin

You need $10,069 off asking to hit this margin.

All-in cost$10,450
Net resale$15,506
Projected profit$5,057
ROI+48.4%
Annualized+69.3%
Break-even resale$3,572/ac
Profit if resale lands off target
-20%
$1,955
-10%
$3,506
0%
$5,057
+10%
$6,607
+20%
$8,158
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-392413
Dirt · Off grid
3.7Jul 27, 2026$15,4004,1335,6966.8 mi
82
LA-191909
Gravel · Power at road
2.6Jul 30, 2024$10,9004,2084,5441.1 mi
77
LA-373153
Gravel · Full utilities
6.4May 12, 2026$43,7006,8505,8463.2 mi
76
LA-210706
Gravel · Power at road
1.1Jan 14, 2026$4,1003,7733,7863.6 mi
76
LA-193633
Gravel · Off grid
9.0Jul 27, 2026$35,4003,9204,86810.2 mi
70
LA-830800
Dirt · Full utilities
1.2Jul 27, 2026$6,8005,8605,4867.0 mi
70
LA-582949
Dirt · Off grid
5.5Feb 2, 2026$25,1004,5686,52812.2 mi
68
LA-723877
Dirt · Full utilities
10.8Jul 27, 2026$70,9006,5816,7159.6 mi
66
LA-421440
Paved · Off grid
1.8May 6, 2025$8,3004,4874,6527.8 mi
66
LA-293564
Dirt · Power at road
8.6Jun 20, 2025$33,7003,9245,0214.3 mi
65
Show adjustment detail for the top comp
  • Tract size (3.73 ac → 3.18 ac)+0.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%

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.