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Rapides County, LA · Sold

LA-382230

5485 County Road 193

$9,400
$2,875/ac · 3.27 ac
Acreage3.27 ac
Price per acre$2,875/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedMay 17, 2024
Coordinates31.2682, -92.6361
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
48
Moderate risk
Wetlands39.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area1.89 of 3.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,825
$13,347$16,303 · $4,534/ac on 3.27 ac
Asking vs estimate
-36.6%
Priced below 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 $9,400
Maximum allowable offer
$8,472
$2,591/ac · +30.0% target margin

You need $928 off asking to hit this margin.

All-in cost$9,192
Net resale$13,639
Projected profit$4,447
ROI+48.4%
Annualized+69.2%
Break-even resale$3,055/ac
Profit if resale lands off target
-20%
$1,719
-10%
$3,083
0%
$4,447
+10%
$5,811
+20%
$7,175
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-412154
Landlocked · Off grid
3.1Oct 29, 2025$6,9002,2404,1959.0 mi
81
LA-181936
Gravel · Off grid
2.6Jun 22, 2025$9,0003,3924,3620.3 mi
77
LA-421675
Gravel · Power at road
2.2Jul 27, 2026$9,0004,1244,29113.4 mi
74
LA-113276
Dirt · Off grid
7.0Dec 4, 2025$18,7002,6814,0973.5 mi
72
LA-590335
Dirt · Power at road
0.8Jul 27, 2026$3,7004,4075,25912.8 mi
66
LA-334107
Dirt · Power at road
12.7Mar 27, 2024$40,7003,1944,6461.3 mi
60
LA-320483
Paved · Off grid
0.9Aug 17, 2025$4,6005,0405,3657.8 mi
59
LA-554446
Gravel · Power at road
16.3Jan 21, 2024$53,5003,2894,2498.8 mi
50
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (10 mo)+3.3%

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.