← New search
Plaquemines County, LA · Sold

LA-470850

7107 County Road 123

$6,500
$5,417/ac · 1.20 ac
Acreage1.20 ac
Price per acre$5,417/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedNov 22, 2024
Coordinates29.3325, -89.6191
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

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

179 ft of deeded road frontage.

Power13,144 ft away

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

Buildable area0.94 of 1.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,415
$5,963$8,867 · $6,179/ac on 1.20 ac
Asking vs estimate
-12.3%
Priced below 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 $6,500
Maximum allowable offer
$4,237
$3,531/ac · +30.0% target margin

You need $2,263 off asking to hit this margin.

All-in cost$4,597
Net resale$6,822
Projected profit$2,225
ROI+48.4%
Annualized+69.3%
Break-even resale$4,164/ac
Profit if resale lands off target
-20%
$860
-10%
$1,542
0%
$2,225
+10%
$2,907
+20%
$3,589
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-941021
Paved · Full utilities
1.4Oct 21, 2025$15,10011,1186,8013.1 mi
78
LA-190807
Gravel · Off grid
1.2Sep 17, 2024$4,4003,7384,0375.3 mi
78
LA-961256
Gravel · Power at road
1.6Aug 25, 2025$12,7007,8807,0012.2 mi
78
LA-130032
Dirt · Full utilities
0.7Jul 27, 2026$5,6008,3736,7613.9 mi
77
LA-400066
Paved · Off grid
0.7Apr 15, 2025$5,1007,5716,7393.0 mi
70
LA-321678
Gravel · Off grid
2.2Jan 5, 2025$14,6006,6687,1906.5 mi
69
LA-590152
Gravel · Off grid
0.7Jul 24, 2024$4,9006,7327,2796.4 mi
69
LA-852275
Gravel · Power at road
3.4Sep 10, 2024$14,1004,1603,9063.6 mi
62
LA-732435
Dirt · Power at road
3.8Apr 16, 2025$18,6004,9205,26810.5 mi
61
LA-222218
Dirt · Power at road
3.2Jul 24, 2024$19,5006,0086,5855.9 mi
58
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (10 mo)+3.4%

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.