Morehouse County, LA · Sold

LA-357509

1778 County Road 4

$285,100

$1,904/ac · 150 ac

Offer report Market this tract

Acreage150 ac

Price per acre$1,904/ac

ZoningAgricultural

Road accessLandlocked

UtilitiesOff grid

TopographyMixed

ListedSep 18, 2025

Coordinates32.8006, -91.8367

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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

5 items to verify before you offer.

Risk index

Moderate risk

Wetlands18.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,020 ft away

A long utility run — price in solar/off-grid instead.

Buildable area116.65 of 149.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$262,222

$210,867 – $313,577 · $1,751/ac on 150 ac

Asking vs estimate

+8.7%

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 $285,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$149,841

$1,001/ac · +30.0% target margin

You need $135,259 off asking to hit this margin.

All-in cost$162,577

Net resale$241,244

Projected profit$78,667

ROI+48.4%

Annualized+69.2%

Break-even resale$1,180/ac

Profit if resale lands off target

-20%

$30,418

-10%

$54,542

$78,667

+10%

$102,791

+20%

$126,915

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-868634 Gravel · Off grid	338.3	Jul 27, 2026	$721,000	2,131	1,827	2.6 mi	81
LA-728012 Dirt · Full utilities	215.6	Jul 27, 2026	$618,800	2,871	1,751	4.1 mi	80
LA-886958 Landlocked · Full utilities	100.5	Jul 27, 2026	$354,000	3,524	2,221	9.5 mi	79
LA-996448 Dirt · Off grid	69.4	Jan 5, 2026	$110,700	1,594	1,070	8.0 mi	73
LA-867217 Dirt · Off grid	121.2	Oct 7, 2024	$235,400	1,942	1,566	7.3 mi	71
LA-547048 Gravel · Off grid	107.2	Jan 20, 2024	$229,500	2,140	1,479	8.0 mi	71
LA-405861 Landlocked · Off grid	45.4	Aug 6, 2025	$124,400	2,742	2,166	1.0 mi	69
LA-488105 Dirt · Off grid	230.6	Jun 2, 2024	$511,800	2,220	2,159	4.0 mi	69
LA-586362 Landlocked · Off grid	65.2	Jun 1, 2025	$125,400	1,922	1,648	6.3 mi	68
LA-185842 Dirt · Full utilities	44.8	Feb 6, 2026	$167,000	3,731	1,586	4.2 mi	65

Show adjustment detail for the top comp

Tract size (338.28 ac → 149.74 ac)+25.8%
Access (Gravel → Landlocked)-32.0%

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.

Build the listing kit Post a deal or JV