Morehouse County, LA · Sold

LA-488105

4170 County Road 261

$521,200

$2,260/ac · 231 ac

Offer report Market this tract

Acreage231 ac

Price per acre$2,260/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedNov 3, 2023

Coordinates32.8083, -91.7682

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,293 ft of deeded road frontage.

Power4,520 ft away

Service extension needed; get a utility quote.

Buildable area205.71 of 230.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$435,176

$342,832 – $527,520 · $1,887/ac on 231 ac

Asking vs estimate

+19.8%

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 $521,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$248,672

$1,078/ac · +30.0% target margin

You need $272,528 off asking to hit this margin.

All-in cost$269,809

Net resale$400,362

Projected profit$130,553

ROI+48.4%

Annualized+69.2%

Break-even resale$1,272/ac

Profit if resale lands off target

-20%

$50,481

-10%

$90,517

$130,553

+10%

$170,589

+20%

$210,625

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-728012 Dirt · Full utilities	215.6	Jul 27, 2026	$618,800	2,871	1,967	5.1 mi	87
LA-868634 Gravel · Off grid	338.3	Jul 27, 2026	$721,000	2,131	2,052	5.5 mi	81
LA-357509 Landlocked · Off grid	149.7	May 26, 2026	$287,100	1,917	2,173	4.0 mi	80
LA-489619 Gravel · Off grid	690.5	Jul 27, 2026	$1,020,200	1,477	1,763	10.1 mi	73
LA-688941 Paved · Power at road	422.5	Jul 18, 2025	$679,800	1,609	1,243	4.7 mi	73
LA-886958 Landlocked · Full utilities	100.5	Jul 27, 2026	$354,000	3,524	2,494	6.0 mi	72
LA-199105 Dirt · Power at road	475.8	Nov 5, 2025	$1,036,700	2,179	2,364	4.9 mi	71
LA-996448 Dirt · Off grid	69.4	Jan 5, 2026	$110,700	1,594	1,201	4.7 mi	69
LA-867217 Dirt · Off grid	121.2	Oct 7, 2024	$235,400	1,942	1,759	6.6 mi	67
LA-849309 Gravel · Off grid	551.6	Feb 13, 2025	$816,900	1,481	1,750	6.5 mi	63

Show adjustment detail for the top comp

Tract size (215.57 ac → 230.6 ac)-1.9%
Utilities (Full utilities → Off grid)-30.3%

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