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Tangipahoa County, LA · Sold

LA-882368

4851 County Road 311

$11,600
$3,213/ac · 3.61 ac
Acreage3.61 ac
Price per acre$3,213/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedApr 12, 2024
Coordinates30.5870, -90.3923
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

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

View Tangipahoa market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
55
Moderate risk
Wetlands37.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power10,246 ft away

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

Buildable area2.15 of 3.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,602
$13,332$19,872 · $4,599/ac on 3.61 ac
Asking vs estimate
-30.1%
Priced below 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 $11,600
Maximum allowable offer
$9,487
$2,628/ac · +30.0% target margin

You need $2,113 off asking to hit this margin.

All-in cost$10,293
Net resale$15,274
Projected profit$4,981
ROI+48.4%
Annualized+69.2%
Break-even resale$3,099/ac
Profit if resale lands off target
-20%
$1,926
-10%
$3,453
0%
$4,981
+10%
$6,508
+20%
$8,035
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-432096
Dirt · Full utilities
3.0May 2, 2026$15,8005,3183,7271.4 mi
85
LA-332641
Dirt · Power at road
4.4Apr 30, 2026$26,3005,9775,1813.1 mi
84
LA-123204
Dirt · Off grid
6.6May 12, 2026$28,5004,3084,4778.1 mi
81
LA-911662
Dirt · Power at road
2.2Jul 27, 2025$13,1006,0175,2665.1 mi
77
LA-962290
Dirt · Power at road
3.4Aug 16, 2024$19,6005,7475,2853.1 mi
77
LA-421662
Landlocked · Power at road
2.2Jul 27, 2026$13,1006,0146,3896.3 mi
77
LA-842629
Paved · Power at road
4.4Aug 1, 2024$24,5005,6043,7962.6 mi
72
LA-722853
Landlocked · Power at road
5.1Apr 22, 2025$14,5002,8293,2554.1 mi
71
LA-520949
Dirt · Power at road
1.3Apr 5, 2026$7,0005,4104,5637.2 mi
69
LA-770733
Gravel · Off grid
1.1Jul 3, 2026$5,1004,5603,8458.9 mi
68
Show adjustment detail for the top comp
  • Tract size (2.97 ac → 3.61 ac)-0.6%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (3 mo)+1.2%

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.