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Morehouse County, LA · Sold

LA-849309

6007 County Road 299

$971,300
$1,761/ac · 552 ac
Acreage552 ac
Price per acre$1,761/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJan 15, 2024
Coordinates32.9023, -91.7765
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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
32
Moderate risk
Wetlands24.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

2,735 ft of deeded road frontage.

Power6,704 ft away

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

Buildable area394.08 of 551.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$964,423
$784,649$1,144,198 · $1,748/ac on 552 ac
Asking vs estimate
+0.7%
In line with the comp set

Weighted from 7 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 $971,300
Maximum allowable offer
$551,099
$999/ac · +30.0% target margin

You need $420,201 off asking to hit this margin.

All-in cost$597,942
Net resale$887,270
Projected profit$289,327
ROI+48.4%
Annualized+69.2%
Break-even resale$1,178/ac
Profit if resale lands off target
-20%
$111,873
-10%
$200,600
0%
$289,327
+10%
$378,054
+20%
$466,781
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-489619
Gravel · Off grid
690.5Jul 27, 2026$1,020,2001,4771,5867.0 mi
85
LA-868634
Gravel · Off grid
338.3Jul 27, 2026$721,0002,1311,84510.4 mi
79
LA-688941
Paved · Power at road
422.5Jul 18, 2025$679,8001,6091,1183.1 mi
74
LA-199105
Dirt · Power at road
475.8Nov 5, 2025$1,036,7002,1792,12611.1 mi
74
LA-728012
Dirt · Full utilities
215.6Jul 27, 2026$618,8002,8711,7694.4 mi
73
LA-489745
Dirt · Full utilities
756.5Apr 25, 2025$1,373,1001,8151,7098.9 mi
68
LA-488105
Dirt · Off grid
230.6Jun 2, 2024$511,8002,2202,1816.5 mi
61
Show adjustment detail for the top comp
  • Tract size (690.52 ac → 551.63 ac)+7.1%

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.