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Morehouse County, LA · Sold

LA-489745

2034 County Road 185

$1,314,000
$1,737/ac · 757 ac
Acreage757 ac
Price per acre$1,737/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedOct 12, 2024
Coordinates32.8036, -91.8757
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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
16
Low risk
Wetlands16.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,371 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area599.38 of 756.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,473,204
$1,173,845$1,772,563 · $1,947/ac on 757 ac
Asking vs estimate
-10.8%
Priced below the comp set

Weighted from 6 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 $1,314,000
Maximum allowable offer
$841,831
$1,113/ac · +30.0% target margin

You need $472,169 off asking to hit this margin.

All-in cost$913,387
Net resale$1,355,347
Projected profit$441,961
ROI+48.4%
Annualized+69.2%
Break-even resale$1,312/ac
Profit if resale lands off target
-20%
$170,891
-10%
$306,426
0%
$441,961
+10%
$577,496
+20%
$713,030
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-489619
Gravel · Off grid
690.5Jul 27, 2026$1,020,2001,4771,7777.2 mi
83
LA-199105
Dirt · Power at road
475.8Nov 5, 2025$1,036,7002,1792,3836.1 mi
78
LA-868634
Gravel · Off grid
338.3Jul 27, 2026$721,0002,1312,0683.3 mi
74
LA-849309
Gravel · Off grid
551.6Feb 13, 2025$816,9001,4811,7648.9 mi
68
LA-688941
Paved · Power at road
422.5Jul 18, 2025$679,8001,6091,2539.2 mi
66
LA-488105
Dirt · Off grid
230.6Jun 2, 2024$511,8002,2202,4446.3 mi
59
Show adjustment detail for the top comp
  • Tract size (690.52 ac → 756.51 ac)-2.8%
  • 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.