← New search
Rapides County, LA · Sold

LA-554446

1860 County Road 348

$55,600
$3,415/ac · 16.28 ac
Acreage16.28 ac
Price per acre$3,415/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedSep 28, 2023
Coordinates31.1565, -92.5652
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
19
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope17.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

984 ft of deeded road frontage.

Power196 ft away

Power at or near the road.

Buildable area12.19 of 16.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$56,937
$49,135$64,738 · $3,497/ac on 16.28 ac
Asking vs estimate
-2.3%
In line with 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 $55,600
Maximum allowable offer
$32,535
$1,998/ac · +30.0% target margin

You need $23,065 off asking to hit this margin.

All-in cost$35,300
Net resale$52,382
Projected profit$17,081
ROI+48.4%
Annualized+69.3%
Break-even resale$2,357/ac
Profit if resale lands off target
-20%
$6,605
-10%
$11,843
0%
$17,081
+10%
$22,319
+20%
$27,558
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-276193
Dirt · Full utilities
57.7Jul 27, 2026$159,4002,7623,2374.7 mi
69
LA-334107
Dirt · Power at road
12.7Mar 27, 2024$40,7003,1943,9848.1 mi
68
LA-113276
Dirt · Off grid
7.0Dec 4, 2025$18,7002,6813,5146.8 mi
66
LA-896191
Dirt · Off grid
57.6Oct 20, 2024$102,6001,7813,2175.2 mi
61
LA-412154
Landlocked · Off grid
3.1Oct 29, 2025$6,9002,2403,5985.3 mi
60
LA-815818
Dirt · Full utilities
44.0Aug 14, 2024$155,4003,5334,2426.9 mi
58
LA-382230
Dirt · Full utilities
3.3Jul 8, 2025$9,6002,9262,6268.8 mi
55
Show adjustment detail for the top comp
  • Tract size (57.72 ac → 16.28 ac)+22.7%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.