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Morehouse County, LA · Sold

LA-444607

9658 County Road 32

$72,900
$3,984/ac · 18.30 ac
Acreage18.30 ac
Price per acre$3,984/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedFeb 17, 2024
Coordinates32.7888, -91.8045
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
21
Low risk
Wetlands15.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

381 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area14.67 of 18.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$96,621
$79,190$114,051 · $5,280/ac on 18.30 ac
Asking vs estimate
-24.6%
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 $72,900
Maximum allowable offer
$55,212
$3,017/ac · +30.0% target margin

You need $17,688 off asking to hit this margin.

All-in cost$59,905
Net resale$88,891
Projected profit$28,986
ROI+48.4%
Annualized+69.2%
Break-even resale$3,558/ac
Profit if resale lands off target
-20%
$11,208
-10%
$20,097
0%
$28,986
+10%
$37,875
+20%
$46,764
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-604736
Landlocked · Off grid
20.1Jul 27, 2026$38,7001,9263,5442.0 mi
87
LA-723877
Dirt · Full utilities
10.8Jul 27, 2026$70,9006,5816,2487.2 mi
85
LA-185842
Dirt · Full utilities
44.8Feb 6, 2026$167,0003,7314,3854.7 mi
77
LA-193633
Gravel · Off grid
9.0Jul 27, 2026$35,4003,9204,5297.1 mi
73
LA-373153
Gravel · Full utilities
6.4May 12, 2026$43,7006,8505,4396.1 mi
70
LA-844123
Dirt · Off grid
12.9Apr 5, 2024$50,8003,9445,9907.1 mi
68
LA-582949
Dirt · Off grid
5.5Feb 2, 2026$25,1004,5686,0744.0 mi
68
LA-293564
Dirt · Power at road
8.6Jun 20, 2025$33,7003,9244,6726.0 mi
67
LA-823783
Dirt · Power at road
10.1Jan 27, 2025$52,4005,2066,3726.7 mi
67
LA-405861
Landlocked · Off grid
45.4Aug 6, 2025$124,4002,7425,9863.1 mi
66
Show adjustment detail for the top comp
  • Tract size (20.09 ac → 18.3 ac)+1.2%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.