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St. Martin County, LA · Sold

LA-582684

8537 County Road 186

$26,000
$5,727/ac · 4.54 ac
Acreage4.54 ac
Price per acre$5,727/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedDec 30, 2024
Coordinates30.1431, -91.5942
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
31
Moderate risk
Wetlands0.0% of tract

Little to no mapped wetland coverage.

Average slope26.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power670 ft away

Power at or near the road.

Buildable area2.72 of 4.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$30,649
$26,205$35,094 · $6,751/ac on 4.54 ac
Asking vs estimate
-15.2%
Priced below the comp set

Weighted from 5 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 $26,000
Maximum allowable offer
$17,514
$3,858/ac · +30.0% target margin

You need $8,486 off asking to hit this margin.

All-in cost$19,003
Net resale$28,197
Projected profit$9,195
ROI+48.4%
Annualized+69.2%
Break-even resale$4,550/ac
Profit if resale lands off target
-20%
$3,555
-10%
$6,375
0%
$9,195
+10%
$12,015
+20%
$14,834
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-453529
Paved · Power at road
8.4Mar 17, 2025$50,0005,9725,5624.4 mi
69
LA-253553
Paved · Full utilities
8.5Mar 17, 2024$67,1007,8636,2496.9 mi
68
LA-162253
Dirt · Power at road
3.3Jun 19, 2024$19,0005,7267,2008.8 mi
65
LA-541726
Landlocked · Power at road
2.3Dec 29, 2024$9,5004,1836,4505.4 mi
64
LA-591977
Landlocked · Power at road
2.7Apr 15, 2024$14,5005,3148,4598.2 mi
62
Show adjustment detail for the top comp
  • Tract size (8.38 ac → 4.54 ac)+3.4%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (17 mo)+5.9%

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.