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Plaquemines County, LA · Sold

LA-129079

358 County Road 359

$738,700
$1,582/ac · 467 ac
Acreage467 ac
Price per acre$1,582/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedAug 20, 2023
Coordinates29.2054, -89.6374
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

Plaquemines County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View Plaquemines market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,626 ft away

A long utility run — price in solar/off-grid instead.

Buildable area373.52 of 466.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$654,511
$529,823$779,199 · $1,402/ac on 467 ac
Asking vs estimate
+12.9%
Priced above the comp set

Weighted from 7 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 $738,700
Maximum allowable offer
$374,006
$801/ac · +30.0% target margin

You need $364,694 off asking to hit this margin.

All-in cost$405,797
Net resale$602,150
Projected profit$196,354
ROI+48.4%
Annualized+69.2%
Break-even resale$945/ac
Profit if resale lands off target
-20%
$75,924
-10%
$136,139
0%
$196,354
+10%
$256,569
+20%
$316,784
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-309051
Gravel · Power at road
457.6Jul 27, 2026$938,4002,0511,1819.0 mi
88
LA-589399
Landlocked · Power at road
588.8Aug 14, 2025$653,5001,1101,0555.2 mi
81
LA-379855
Gravel · Full utilities
819.3Jul 27, 2026$1,888,0002,3041,29912.1 mi
72
LA-199723
Dirt · Full utilities
744.5Aug 22, 2025$1,763,4002,3681,5669.4 mi
68
LA-558217
Landlocked · Full utilities
250.1Aug 11, 2025$661,7002,6461,60010.2 mi
67
LA-597978
Dirt · Power at road
210.3Dec 27, 2025$523,9002,4911,36210.0 mi
66
LA-158415
Gravel · Power at road
288.7May 3, 2024$1,002,7003,4731,9094.2 mi
65
Show adjustment detail for the top comp
  • Tract size (457.59 ac → 466.96 ac)-0.6%
  • Access (Gravel → Landlocked)-32.0%
  • 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.