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Plaquemines County, LA · Sold

LA-554940

5903 County Road 399

$149,300
$6,410/ac · 23.29 ac
Acreage23.29 ac
Price per acre$6,410/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedSep 18, 2023
Coordinates29.2816, -89.4940
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

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

900 ft of deeded road frontage.

Power50 ft away

Power at or near the road.

Buildable area21.88 of 23.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$134,788
$114,215$155,360 · $5,787/ac on 23.29 ac
Asking vs estimate
+10.8%
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 $149,300
Maximum allowable offer
$77,022
$3,307/ac · +30.0% target margin

You need $72,278 off asking to hit this margin.

All-in cost$83,569
Net resale$124,005
Projected profit$40,436
ROI+48.4%
Annualized+69.2%
Break-even resale$3,900/ac
Profit if resale lands off target
-20%
$15,635
-10%
$28,036
0%
$40,436
+10%
$52,837
+20%
$65,237
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-283380
Paved · Off grid
7.5Jul 27, 2026$40,9005,4354,8543.5 mi
75
LA-185446
Gravel · Power at road
33.6Dec 25, 2024$172,0005,1205,7915.9 mi
73
LA-485306
Dirt · Off grid
30.4Oct 4, 2025$126,1004,1546,1287.4 mi
73
LA-463749
Dirt · Off grid
9.8Dec 22, 2025$36,5003,7094,7485.8 mi
67
LA-244636
Dirt · Full utilities
18.7Dec 10, 2024$113,6006,0836,03011.5 mi
67
LA-863935
Dirt · Power at road
11.2Jun 25, 2024$75,1006,6787,7972.1 mi
66
LA-476454
Dirt · Power at road
69.7Oct 7, 2025$266,3003,8195,6225.2 mi
65
LA-313466
Dirt · Full utilities
8.0Apr 23, 2024$46,1005,7665,4112.2 mi
59
Show adjustment detail for the top comp
  • Tract size (7.52 ac → 23.29 ac)-10.6%
  • Access (Paved → Gravel)-15.3%
  • 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.