Tangipahoa County, LA · Sold

LA-295763

647 County Road 248

$167,700

$3,967/ac · 42.27 ac

Offer report Market this tract

Acreage42.27 ac

Price per acre$3,967/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedDec 2, 2024

Coordinates30.7095, -90.3779

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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

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

View Tangipahoa market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands37.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,655 ft of deeded road frontage.

Power6,298 ft away

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

Buildable area25.10 of 42.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$121,854

$89,204 – $154,505 · $2,883/ac on 42.27 ac

Asking vs estimate

+37.6%

Priced above 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 $167,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$69,631

$1,647/ac · +30.0% target margin

You need $98,069 off asking to hit this margin.

All-in cost$75,550

Net resale$112,106

Projected profit$36,556

ROI+48.4%

Annualized+69.3%

Break-even resale$1,943/ac

Profit if resale lands off target

-20%

$14,135

-10%

$25,346

$36,556

+10%

$47,767

+20%

$58,978

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-545881 Landlocked · Off grid	46.0	May 9, 2026	$85,600	1,859	2,416	9.7 mi	82
LA-384099 Gravel · Full utilities	12.7	Jul 27, 2026	$65,700	5,191	2,633	4.2 mi	74
LA-325598 Paved · Full utilities	37.5	Sep 26, 2024	$350,200	9,335	5,006	11.6 mi	73
LA-116202 Gravel · Off grid	58.1	Mar 22, 2025	$183,700	3,162	3,067	6.9 mi	72
LA-257100 Landlocked · Power at road	111.3	Jun 27, 2026	$189,100	1,698	2,276	6.7 mi	69
LA-555241 Gravel · Off grid	29.0	Jun 30, 2025	$90,400	3,121	2,634	11.6 mi	69
LA-175222 Paved · Full utilities	28.6	Sep 5, 2024	$129,400	4,532	2,327	9.6 mi	69
LA-925173 Paved · Full utilities	27.6	Jul 29, 2025	$154,800	5,614	2,767	12.2 mi	66
LA-177017 Dirt · Off grid	104.8	Sep 30, 2024	$249,000	2,375	3,128	9.7 mi	62
LA-694165 Dirt · Off grid	13.3	Jul 27, 2024	$36,500	2,749	2,534	7.8 mi	60

Show adjustment detail for the top comp

Tract size (46.04 ac → 42.27 ac)+1.6%
Access (Landlocked → Dirt)+26.5%
Market time (3 mo)+1.1%

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.

Build the listing kit Post a deal or JV