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St. Martin County, LA · Sold

LA-699378

3147 County Road 353

$1,814,300
$3,129/ac · 580 ac
Acreage580 ac
Price per acre$3,129/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMay 18, 2024
Coordinates30.0489, -91.6487
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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

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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power94 ft away

Power at or near the road.

Buildable area526.67 of 579.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,453,725
$1,213,442$1,694,008 · $2,507/ac on 580 ac
Asking vs estimate
+24.8%
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 $1,814,300
Maximum allowable offer
$830,700
$1,432/ac · +30.0% target margin

You need $983,600 off asking to hit this margin.

All-in cost$901,310
Net resale$1,337,427
Projected profit$436,117
ROI+48.4%
Annualized+69.2%
Break-even resale$1,689/ac
Profit if resale lands off target
-20%
$168,632
-10%
$302,375
0%
$436,117
+10%
$569,860
+20%
$703,603
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-309589
Landlocked · Off grid
675.7Jul 27, 2026$998,3001,4782,3093.2 mi
84
LA-288615
Landlocked · Power at road
333.7Apr 21, 2026$585,9001,7561,9077.3 mi
74
LA-929685
Landlocked · Power at road
724.3Mar 4, 2024$1,570,3002,1683,2371.1 mi
73
LA-437979
Landlocked · Off grid
210.5Jul 27, 2026$531,7002,5262,7973.4 mi
72
LA-167671
Dirt · Power at road
168.4Feb 3, 2026$569,3003,3812,4139.5 mi
71
LA-957835
Landlocked · Power at road
189.6Mar 7, 2026$493,2002,6012,4162.4 mi
70
Show adjustment detail for the top comp
  • Tract size (675.67 ac → 579.9 ac)+4.8%
  • Access (Landlocked → Dirt)+26.5%
  • 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.