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St. Landry County, LA · Sold

LA-488466

8808 County Road 61

$771,400
$2,575/ac · 300 ac
Acreage300 ac
Price per acre$2,575/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedSep 8, 2023
Coordinates30.4959, -91.8885
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

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

View St. Landry market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands49.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,612 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area142.56 of 299.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$632,247
$483,822$780,672 · $2,111/ac on 300 ac
Asking vs estimate
+22.0%
Priced above the comp set

Weighted from 10 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 $771,400
Maximum allowable offer
$361,284
$1,206/ac · +30.0% target margin

You need $410,116 off asking to hit this margin.

All-in cost$391,993
Net resale$581,667
Projected profit$189,674
ROI+48.4%
Annualized+69.2%
Break-even resale$1,423/ac
Profit if resale lands off target
-20%
$73,341
-10%
$131,508
0%
$189,674
+10%
$247,841
+20%
$306,008
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-258088
Landlocked · Power at road
227.8Jul 27, 2026$283,2001,2431,77810.9 mi
77
LA-488955
Dirt · Power at road
426.9Jul 7, 2026$617,3001,4461,96813.8 mi
77
LA-739064
Landlocked · Power at road
461.9Jul 7, 2026$539,1001,1672,05610.7 mi
74
LA-567900
Landlocked · Off grid
198.8Nov 25, 2025$184,6009291,5465.2 mi
73
LA-669772
Gravel · Full utilities
771.5Jul 27, 2026$1,621,9002,1022,4086.8 mi
72
LA-948088
Dirt · Power at road
227.8Apr 15, 2025$505,2002,2182,64211.5 mi
70
LA-869714
Gravel · Power at road
739.7Jul 27, 2026$1,085,9001,4682,02515.4 mi
66
LA-909490
Gravel · Off grid
628.9May 5, 2025$1,275,4002,0283,2937.2 mi
63
LA-439835
Paved · Power at road
807.5Feb 4, 2025$1,197,3001,4831,89114.7 mi
60
LA-159452
Gravel · Full utilities
611.8Oct 30, 2024$831,6001,3591,55614.6 mi
60
Show adjustment detail for the top comp
  • Tract size (227.77 ac → 299.52 ac)-7.6%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.