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Sabine County, LA · Sold

LA-159157

8981 County Road 287

$1,266,700
$2,564/ac · 494 ac
Acreage494 ac
Price per acre$2,564/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedApr 10, 2024
Coordinates31.5359, -93.6422
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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

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

View Sabine market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands13.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,311 ft of deeded road frontage.

Power12,696 ft away

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

Buildable area406.50 of 494.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$819,921
$590,343$1,049,499 · $1,659/ac on 494 ac
Asking vs estimate
+54.5%
Priced above 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 $1,266,700
Maximum allowable offer
$468,526
$948/ac · +30.0% target margin

You need $798,174 off asking to hit this margin.

All-in cost$508,351
Net resale$754,328
Projected profit$245,977
ROI+48.4%
Annualized+69.3%
Break-even resale$1,118/ac
Profit if resale lands off target
-20%
$95,111
-10%
$170,544
0%
$245,977
+10%
$321,410
+20%
$396,842
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-357621
Gravel · Off grid
162.4Jul 27, 2026$250,1001,5401,1202.7 mi
77
LA-927143
Paved · Power at road
114.9Jul 27, 2026$303,9002,6461,2663.7 mi
72
LA-836546
Paved · Off grid
74.5Jul 27, 2026$211,8002,8421,4412.5 mi
68
LA-147684
Gravel · Off grid
170.0Nov 14, 2023$477,8002,8112,3047.3 mi
64
LA-466691
Dirt · Off grid
82.8Mar 1, 2025$271,4003,2792,4751.4 mi
59
LA-926720
Dirt · Power at road
84.5Jun 8, 2025$208,1002,4611,5706.9 mi
55
Show adjustment detail for the top comp
  • Tract size (162.4 ac → 494.11 ac)-27.4%

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.