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Morehouse County, LA · Sold

LA-193633

9789 County Road 281

$35,500
$3,931/ac · 9.03 ac
Acreage9.03 ac
Price per acre$3,931/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJul 26, 2026
Coordinates32.8543, -91.8977
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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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

248 ft of deeded road frontage.

Power5,360 ft away

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

Buildable area7.32 of 9.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$42,492
$36,203$48,781 · $4,706/ac on 9.03 ac
Asking vs estimate
-16.5%
Priced below 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 $35,500
Maximum allowable offer
$24,281
$2,689/ac · +30.0% target margin

You need $11,219 off asking to hit this margin.

All-in cost$26,345
Net resale$39,093
Projected profit$12,748
ROI+48.4%
Annualized+69.3%
Break-even resale$3,171/ac
Profit if resale lands off target
-20%
$4,929
-10%
$8,838
0%
$12,748
+10%
$16,657
+20%
$20,566
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-373153
Gravel · Full utilities
6.4May 12, 2026$43,7006,8504,7177.1 mi
83
LA-392413
Dirt · Off grid
3.7Jul 27, 2026$15,4004,1334,5964.2 mi
79
LA-823783
Dirt · Power at road
10.1Jan 27, 2025$52,4005,2065,5274.2 mi
79
LA-293564
Dirt · Power at road
8.6Jun 20, 2025$33,7003,9244,05211.0 mi
78
LA-723877
Dirt · Full utilities
10.8Jul 27, 2026$70,9006,5815,41914.1 mi
77
LA-844123
Dirt · Off grid
12.9Apr 5, 2024$50,8003,9445,1950.5 mi
76
LA-604736
Landlocked · Off grid
20.1Jul 27, 2026$38,7001,9263,0747.6 mi
74
LA-582949
Dirt · Off grid
5.5Feb 2, 2026$25,1004,5685,2688.5 mi
73
LA-512191
Gravel · Power at road
3.2Jul 27, 2026$18,2005,7304,63410.2 mi
70
LA-313107
Dirt · Off grid
6.2Jul 19, 2024$22,5003,6454,4978.4 mi
67
Show adjustment detail for the top comp
  • Tract size (6.38 ac → 9.03 ac)-2.2%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (3 mo)+1.1%

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.