LA-392413
5501 County Road 115
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Morehouse County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.
View Morehouse market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
482 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $6,687 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| LA-512191 Gravel · Power at road | 3.2 | Jul 27, 2026 | $18,200 | 5,730 | 4,176 | 6.8 mi | 82 |
| LA-373153 Gravel · Full utilities | 6.4 | May 12, 2026 | $43,700 | 6,850 | 4,251 | 3.8 mi | 80 |
| LA-193633 Gravel · Off grid | 9.0 | Jul 27, 2026 | $35,400 | 3,920 | 3,540 | 4.2 mi | 79 |
| LA-582949 Dirt · Off grid | 5.5 | Feb 2, 2026 | $25,100 | 4,568 | 4,747 | 6.8 mi | 78 |
| LA-421440 Paved · Off grid | 1.8 | May 6, 2025 | $8,300 | 4,487 | 3,383 | 1.1 mi | 75 |
| LA-830800 Dirt · Full utilities | 1.2 | Jul 27, 2026 | $6,800 | 5,860 | 3,989 | 5.0 mi | 72 |
| LA-191909 Gravel · Power at road | 2.6 | Jul 30, 2024 | $10,900 | 4,208 | 3,304 | 7.6 mi | 71 |
| LA-293564 Dirt · Power at road | 8.6 | Jun 20, 2025 | $33,700 | 3,924 | 3,651 | 6.8 mi | 70 |
| LA-723877 Dirt · Full utilities | 10.8 | Jul 27, 2026 | $70,900 | 6,581 | 4,883 | 10.0 mi | 70 |
| LA-823783 Dirt · Power at road | 10.1 | Jan 27, 2025 | $52,400 | 5,206 | 4,980 | 3.1 mi | 70 |
Show adjustment detail for the top comp
- Tract size (3.18 ac → 3.73 ac)-0.5%
- Access (Gravel → Dirt)-14.0%
- Utilities (Power at road → Off grid)-15.0%
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.