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St. Martin County, LA · Sold

LA-290335

6462 County Road 391

$7,700
$9,277/ac · 0.83 ac
Acreage0.83 ac
Price per acre$9,277/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedJun 21, 2024
Coordinates30.1901, -91.5159
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
30
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope24.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

185 ft of deeded road frontage.

Power6,088 ft away

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

Buildable area0.48 of 0.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,683
$4,859$6,506 · $6,847/ac on 0.83 ac
Asking vs estimate
+35.5%
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 $7,700
Maximum allowable offer
$3,247
$3,912/ac · +30.0% target margin

You need $4,453 off asking to hit this margin.

All-in cost$3,523
Net resale$5,228
Projected profit$1,705
ROI+48.4%
Annualized+69.3%
Break-even resale$4,614/ac
Profit if resale lands off target
-20%
$660
-10%
$1,182
0%
$1,705
+10%
$2,228
+20%
$2,751
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-582684
Paved · Off grid
4.5Aug 16, 2025$25,4005,6016,0525.7 mi
62
LA-541726
Landlocked · Power at road
2.3Dec 29, 2024$9,5004,1836,6897.8 mi
58
LA-253553
Paved · Full utilities
8.5Mar 17, 2024$67,1007,8636,4801.3 mi
54
LA-591977
Landlocked · Power at road
2.7Apr 15, 2024$14,5005,3148,7729.3 mi
54
LA-453529
Paved · Power at road
8.4Mar 17, 2025$50,0005,9725,7699.4 mi
52
LA-162253
Dirt · Power at road
3.3Jun 19, 2024$19,0005,7267,46710.8 mi
52
Show adjustment detail for the top comp
  • Tract size (4.54 ac → 0.83 ac)+3.7%
  • Market time (12 mo)+4.2%

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.