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Morehouse County, LA · Sold

LA-723877

5843 County Road 358

$67,500
$6,262/ac · 10.78 ac
Acreage10.78 ac
Price per acre$6,262/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedMar 12, 2026
Coordinates32.7532, -91.6876
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

2 items to verify before you offer.

Risk index
16
Low risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope15.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

622 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area8.06 of 10.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$57,817
$47,424$68,211 · $5,363/ac on 10.78 ac
Asking vs estimate
+16.7%
Priced above 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 $67,500
Maximum allowable offer
$33,039
$3,065/ac · +30.0% target margin

You need $34,461 off asking to hit this margin.

All-in cost$35,847
Net resale$53,192
Projected profit$17,345
ROI+48.4%
Annualized+69.2%
Break-even resale$3,615/ac
Profit if resale lands off target
-20%
$6,706
-10%
$12,026
0%
$17,345
+10%
$22,664
+20%
$27,983
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-193633
Gravel · Off grid
9.0Jul 27, 2026$35,4003,9204,78114.1 mi
77
LA-293564
Dirt · Power at road
8.6Jun 20, 2025$33,7003,9244,9325.3 mi
76
LA-373153
Gravel · Full utilities
6.4May 12, 2026$43,7006,8505,7429.9 mi
74
LA-444607
Dirt · Full utilities
18.3Feb 10, 2025$64,8003,5413,9767.2 mi
74
LA-604736
Landlocked · Off grid
20.1Jul 27, 2026$38,7001,9263,7428.0 mi
74
LA-823783
Dirt · Power at road
10.1Jan 27, 2025$52,4005,2066,72712.3 mi
73
LA-582949
Dirt · Off grid
5.5Feb 2, 2026$25,1004,5686,4129.0 mi
71
LA-392413
Dirt · Off grid
3.7Jul 27, 2026$15,4004,1335,59510.0 mi
70
LA-844123
Dirt · Off grid
12.9Apr 5, 2024$50,8003,9446,32314.0 mi
67
LA-512191
Gravel · Power at road
3.2Jul 27, 2026$18,2005,7305,6419.6 mi
66
Show adjustment detail for the top comp
  • Tract size (9.03 ac → 10.78 ac)-1.4%
  • Access (Gravel → Dirt)-14.0%
  • 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.