Morehouse County, LA · Sold

LA-586362

5128 County Road 251

$130,600

$2,002/ac · 65.23 ac

Offer report Market this tract

Acreage65.23 ac

Price per acre$2,002/ac

ZoningResidential

Road accessLandlocked

UtilitiesOff grid

TopographySloped

ListedOct 29, 2024

Coordinates32.7333, -91.9109

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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

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope10.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power14,026 ft away

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

Buildable area60.73 of 65.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$137,302

$107,204 – $167,401 · $2,105/ac on 65.23 ac

Asking vs estimate

-4.9%

In line with 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 $130,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$78,459

$1,203/ac · +30.0% target margin

You need $52,141 off asking to hit this margin.

All-in cost$85,128

Net resale$126,318

Projected profit$41,190

ROI+48.4%

Annualized+69.2%

Break-even resale$1,419/ac

Profit if resale lands off target

-20%

$15,927

-10%

$28,558

$41,190

+10%

$53,822

+20%

$66,454

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-604736 Landlocked · Off grid	20.1	Jul 27, 2026	$38,700	1,926	1,571	5.5 mi	78
LA-996448 Dirt · Off grid	69.4	Jan 5, 2026	$110,700	1,594	1,311	14.2 mi	77
LA-405861 Landlocked · Off grid	45.4	Aug 6, 2025	$124,400	2,742	2,654	6.0 mi	76
LA-886958 Landlocked · Full utilities	100.5	Jul 27, 2026	$354,000	3,524	2,722	15.7 mi	75
LA-357509 Landlocked · Off grid	149.7	May 26, 2026	$287,100	1,917	2,371	6.3 mi	75
LA-185842 Dirt · Full utilities	44.8	Feb 6, 2026	$167,000	3,731	1,944	10.3 mi	72
LA-265810 Paved · Off grid	43.7	Feb 22, 2025	$199,100	4,553	2,567	12.5 mi	71
LA-728012 Dirt · Full utilities	215.6	Jul 27, 2026	$618,800	2,871	2,146	9.8 mi	66
LA-547048 Gravel · Off grid	107.2	Jan 20, 2024	$229,500	2,140	1,813	11.3 mi	62
LA-867217 Dirt · Off grid	121.2	Oct 7, 2024	$235,400	1,942	1,919	13.3 mi	62

Show adjustment detail for the top comp

Tract size (20.09 ac → 65.23 ac)-18.6%

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.

Build the listing kit Post a deal or JV