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Rapides County, LA · Sold

LA-113276

5992 County Road 108

$18,100
$2,593/ac · 6.98 ac
Acreage6.98 ac
Price per acre$2,593/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedOct 28, 2025
Coordinates31.2545, -92.5785
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

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands16.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

570 ft of deeded road frontage.

Power12,122 ft away

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

Buildable area5.55 of 6.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,428
$17,037$21,820 · $2,783/ac on 6.98 ac
Asking vs estimate
-6.8%
Priced below the comp set

Weighted from 6 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 $18,100
Maximum allowable offer
$11,102
$1,591/ac · +30.0% target margin

You need $6,998 off asking to hit this margin.

All-in cost$12,046
Net resale$17,874
Projected profit$5,828
ROI+48.4%
Annualized+69.2%
Break-even resale$1,876/ac
Profit if resale lands off target
-20%
$2,254
-10%
$4,041
0%
$5,828
+10%
$7,616
+20%
$9,403
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-334107
Dirt · Power at road
12.7Mar 27, 2024$40,7003,1943,1292.3 mi
72
LA-421675
Gravel · Power at road
2.2Jul 27, 2026$9,0004,1242,8909.8 mi
71
LA-382230
Dirt · Full utilities
3.3Jul 8, 2025$9,6002,9262,0633.5 mi
69
LA-412154
Landlocked · Off grid
3.1Oct 29, 2025$6,9002,2402,8265.6 mi
68
LA-181936
Gravel · Off grid
2.6Jun 22, 2025$9,0003,3922,9383.7 mi
66
LA-554446
Gravel · Power at road
16.3Jan 21, 2024$53,5003,2892,8626.8 mi
58
Show adjustment detail for the top comp
  • Tract size (12.74 ac → 6.98 ac)+4.7%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (29 mo)+10.0%

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.