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Rapides County, LA · Sold

LA-839634

3845 County Road 360

$1,112,900
$1,594/ac · 698 ac
Acreage698 ac
Price per acre$1,594/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedSep 23, 2023
Coordinates31.2883, -92.4147
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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

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

View Rapides market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
30
Moderate risk
Wetlands8.5% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area606.79 of 698.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$849,735
$643,124$1,056,347 · $1,217/ac on 698 ac
Asking vs estimate
+31.0%
Priced above the comp set

Weighted from 5 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 $1,112,900
Maximum allowable offer
$485,563
$696/ac · +30.0% target margin

You need $627,337 off asking to hit this margin.

All-in cost$526,836
Net resale$781,757
Projected profit$254,921
ROI+48.4%
Annualized+69.2%
Break-even resale$820/ac
Profit if resale lands off target
-20%
$98,569
-10%
$176,745
0%
$254,921
+10%
$333,096
+20%
$411,272
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-269985
Gravel · Power at road
900.2Jul 14, 2026$976,9001,0859773.8 mi
82
LA-419243
Paved · Off grid
525.9Feb 4, 2026$1,174,3002,2331,7324.9 mi
82
LA-568711
Dirt · Full utilities
357.7Jul 27, 2026$569,7001,5931,03213.9 mi
72
LA-328318
Gravel · Off grid
269.1Jul 27, 2026$469,0001,7431,28313.6 mi
67
LA-219081
Paved · Off grid
467.6Sep 10, 2024$592,6001,2671,00312.8 mi
63
Show adjustment detail for the top comp
  • Tract size (900.17 ac → 698.06 ac)+8.2%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (1 mo)+0.4%

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.