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St. Martin County, LA · Sold

LA-288615

5644 County Road 204

$621,300
$1,862/ac · 334 ac
Acreage334 ac
Price per acre$1,862/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedMar 14, 2026
Coordinates30.1165, -91.5540
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. Martin County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View St. Martin market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope16.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power154 ft away

Power at or near the road.

Buildable area251.98 of 333.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$763,774
$627,221$900,327 · $2,289/ac on 334 ac
Asking vs estimate
-18.7%
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 $621,300
Maximum allowable offer
$436,442
$1,308/ac · +30.0% target margin

You need $184,858 off asking to hit this margin.

All-in cost$473,540
Net resale$702,672
Projected profit$229,132
ROI+48.4%
Annualized+69.2%
Break-even resale$1,543/ac
Profit if resale lands off target
-20%
$88,598
-10%
$158,865
0%
$229,132
+10%
$299,400
+20%
$369,667
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-437979
Landlocked · Off grid
210.5Jul 27, 2026$531,7002,5262,6099.9 mi
78
LA-309589
Landlocked · Off grid
675.7Jul 27, 2026$998,3001,4782,1544.1 mi
78
LA-957835
Landlocked · Power at road
189.6Mar 7, 2026$493,2002,6012,2547.1 mi
76
LA-577327
Dirt · Power at road
131.2Jul 27, 2026$398,8003,0391,8565.7 mi
73
LA-167671
Dirt · Power at road
168.4Feb 3, 2026$569,3003,3812,2515.4 mi
73
LA-929685
Landlocked · Power at road
724.3Mar 4, 2024$1,570,3002,1683,0208.0 mi
68
LA-699378
Dirt · Power at road
579.9Dec 10, 2024$1,491,4002,5722,5697.3 mi
66
LA-707436
Gravel · Full utilities
142.0Sep 20, 2025$496,9003,4981,5935.0 mi
66
Show adjustment detail for the top comp
  • Tract size (210.48 ac → 333.66 ac)-12.4%
  • Utilities (Off grid → Power at road)+17.6%

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.