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Morehouse County, LA · Sold

LA-199105

9415 County Road 352

$1,153,200
$2,424/ac · 476 ac
Acreage476 ac
Price per acre$2,424/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedFeb 9, 2025
Coordinates32.7430, -91.7994
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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

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands46.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power87 ft away

Power at or near the road.

Buildable area242.75 of 475.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$860,038
$714,409$1,005,666 · $1,807/ac on 476 ac
Asking vs estimate
+34.1%
Priced above the comp set

Weighted from 8 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 $1,153,200
Maximum allowable offer
$491,450
$1,033/ac · +30.0% target margin

You need $661,750 off asking to hit this margin.

All-in cost$533,223
Net resale$791,235
Projected profit$258,011
ROI+48.4%
Annualized+69.2%
Break-even resale$1,218/ac
Profit if resale lands off target
-20%
$99,764
-10%
$178,888
0%
$258,011
+10%
$337,135
+20%
$416,258
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-868634
Gravel · Off grid
338.3Jul 27, 2026$721,0002,1311,9523.0 mi
81
LA-489745
Dirt · Full utilities
756.5Apr 25, 2025$1,373,1001,8151,8086.1 mi
75
LA-688941
Paved · Power at road
422.5Jul 18, 2025$679,8001,6091,1839.5 mi
75
LA-489619
Gravel · Off grid
690.5Jul 27, 2026$1,020,2001,4771,67812.6 mi
75
LA-728012
Dirt · Full utilities
215.6Jul 27, 2026$618,8002,8711,8718.2 mi
75
LA-849309
Gravel · Off grid
551.6Feb 13, 2025$816,9001,4811,66611.1 mi
70
LA-357509
Landlocked · Off grid
149.7May 26, 2026$287,1001,9172,0684.5 mi
68
LA-488105
Dirt · Off grid
230.6Jun 2, 2024$511,8002,2202,3074.9 mi
64
Show adjustment detail for the top comp
  • Tract size (338.28 ac → 475.84 ac)-9.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%

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.