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Morehouse County, LA · Sold

LA-293564

9793 County Road 227

$35,900
$4,179/ac · 8.59 ac
Acreage8.59 ac
Price per acre$4,179/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedFeb 26, 2025
Coordinates32.8273, -91.7116
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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands9.1% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

495 ft of deeded road frontage.

Power60 ft away

Power at or near the road.

Buildable area7.42 of 8.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$40,941
$34,792$47,091 · $4,766/ac on 8.59 ac
Asking vs estimate
-12.3%
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 $35,900
Maximum allowable offer
$23,395
$2,724/ac · +30.0% target margin

You need $12,505 off asking to hit this margin.

All-in cost$25,384
Net resale$37,666
Projected profit$12,282
ROI+48.4%
Annualized+69.2%
Break-even resale$3,212/ac
Profit if resale lands off target
-20%
$4,749
-10%
$8,516
0%
$12,282
+10%
$16,049
+20%
$19,816
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-193633
Gravel · Off grid
9.0Jul 27, 2026$35,4003,9203,98911.0 mi
87
LA-723877
Dirt · Full utilities
10.8Jul 27, 2026$70,9006,5815,5025.3 mi
84
LA-373153
Gravel · Full utilities
6.4May 12, 2026$43,7006,8504,7905.0 mi
83
LA-823783
Dirt · Power at road
10.1Jan 27, 2025$52,4005,2065,6128.1 mi
80
LA-392413
Dirt · Off grid
3.7Jul 27, 2026$15,4004,1334,6676.8 mi
79
LA-582949
Dirt · Off grid
5.5Feb 2, 2026$25,1004,5685,3499.7 mi
74
LA-512191
Gravel · Power at road
3.2Jul 27, 2026$18,2005,7304,7064.3 mi
74
LA-604736
Landlocked · Off grid
20.1Jul 27, 2026$38,7001,9263,1227.8 mi
71
LA-844123
Dirt · Off grid
12.9Apr 5, 2024$50,8003,9445,27510.8 mi
69
LA-313107
Dirt · Off grid
6.2Jul 19, 2024$22,5003,6454,5669.5 mi
68
Show adjustment detail for the top comp
  • 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.