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Morehouse County, LA · Sold

LA-823783

2708 County Road 189

$51,600
$5,124/ac · 10.07 ac
Acreage10.07 ac
Price per acre$5,124/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 10, 2024
Coordinates32.8824, -91.8338
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
44
Moderate risk
Wetlands49.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

699 ft of deeded road frontage.

Power44 ft away

Power at or near the road.

Buildable area4.80 of 10.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$44,746
$37,070$52,421 · $4,443/ac on 10.07 ac
Asking vs estimate
+15.3%
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 $51,600
Maximum allowable offer
$25,569
$2,539/ac · +30.0% target margin

You need $26,031 off asking to hit this margin.

All-in cost$27,742
Net resale$41,166
Projected profit$13,424
ROI+48.4%
Annualized+69.2%
Break-even resale$2,995/ac
Profit if resale lands off target
-20%
$5,190
-10%
$9,307
0%
$13,424
+10%
$17,540
+20%
$21,657
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-193633
Gravel · Off grid
9.0Jul 27, 2026$35,4003,9203,9414.2 mi
89
LA-723877
Dirt · Full utilities
10.8Jul 27, 2026$70,9006,5815,43712.3 mi
83
LA-293564
Dirt · Power at road
8.6Jun 20, 2025$33,7003,9244,0658.1 mi
82
LA-373153
Gravel · Full utilities
6.4May 12, 2026$43,7006,8504,7333.3 mi
81
LA-392413
Dirt · Off grid
3.7Jul 27, 2026$15,4004,1334,6123.1 mi
80
LA-844123
Dirt · Off grid
12.9Apr 5, 2024$50,8003,9445,2123.7 mi
76
LA-604736
Landlocked · Off grid
20.1Jul 27, 2026$38,7001,9263,0848.2 mi
73
LA-582949
Dirt · Off grid
5.5Feb 2, 2026$25,1004,5685,2859.8 mi
71
LA-512191
Gravel · Power at road
3.2Jul 27, 2026$18,2005,7304,6506.3 mi
71
LA-444607
Dirt · Full utilities
18.3Feb 10, 2025$64,8003,5413,2776.7 mi
67
Show adjustment detail for the top comp
  • Tract size (9.03 ac → 10.07 ac)-0.8%
  • Access (Gravel → Dirt)-14.0%
  • 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.