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Rapides County, LA · Sold

LA-219081

1066 County Road 42

$570,400
$1,220/ac · 468 ac
Acreage468 ac
Price per acre$1,220/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedFeb 29, 2024
Coordinates31.2518, -92.6263
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

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

View Rapides market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power13,942 ft away

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

Buildable area418.49 of 467.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$803,348
$633,927$972,768 · $1,718/ac on 468 ac
Asking vs estimate
-29.0%
Priced below 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 $570,400
Maximum allowable offer
$459,056
$982/ac · +30.0% target margin

You need $111,344 off asking to hit this margin.

All-in cost$498,076
Net resale$739,080
Projected profit$241,004
ROI+48.4%
Annualized+69.2%
Break-even resale$1,158/ac
Profit if resale lands off target
-20%
$93,188
-10%
$167,096
0%
$241,004
+10%
$314,912
+20%
$388,820
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-419243
Paved · Off grid
525.9Feb 4, 2026$1,174,3002,2332,3658.2 mi
82
LA-568711
Dirt · Full utilities
357.7Jul 27, 2026$569,7001,5931,4099.1 mi
78
LA-328318
Gravel · Off grid
269.1Jul 27, 2026$469,0001,7431,75210.0 mi
75
LA-269985
Gravel · Power at road
900.2Jul 14, 2026$976,9001,0851,33511.4 mi
71
LA-837708
Paved · Off grid
173.0Aug 28, 2025$318,7001,8431,4395.2 mi
68
LA-839634
Landlocked · Full utilities
698.1Apr 4, 2024$952,6001,3652,04912.8 mi
61
LA-707361
Dirt · Power at road
134.5Mar 21, 2024$242,4001,8021,6238.3 mi
58
Show adjustment detail for the top comp
  • Tract size (525.87 ac → 467.64 ac)+3.6%
  • Market time (6 mo)+2.2%

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.