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Terrebonne County, LA · Sold

LA-468217

8842 County Road 291

$307,800
$1,231/ac · 250 ac
Acreage250 ac
Price per acre$1,231/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJul 6, 2026
Coordinates29.2664, -90.9650
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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

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

View Terrebonne market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope18.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,942 ft away

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

Buildable area196.86 of 250.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$311,283
$250,957$371,610 · $1,245/ac on 250 ac
Asking vs estimate
-1.1%
In line with 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 $307,800
Maximum allowable offer
$177,876
$711/ac · +30.0% target margin

You need $129,924 off asking to hit this margin.

All-in cost$192,995
Net resale$286,381
Projected profit$93,385
ROI+48.4%
Annualized+69.3%
Break-even resale$839/ac
Profit if resale lands off target
-20%
$36,109
-10%
$64,747
0%
$93,385
+10%
$122,023
+20%
$150,661
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-108018
Dirt · Power at road
216.5Jul 27, 2026$354,7001,6381,05912.1 mi
80
LA-308392
Gravel · Power at road
283.9Jan 6, 2025$542,6001,9111,2236.7 mi
77
LA-816997
Paved · Full utilities
103.3Jun 7, 2026$316,7003,0659786.1 mi
75
LA-627025
Paved · Off grid
105.5Jul 27, 2026$277,5002,6321,2058.9 mi
72
LA-588402
Dirt · Full utilities
285.9Jan 30, 2025$648,7002,2691,38311.4 mi
70
LA-937661
Gravel · Power at road
167.2Mar 19, 2025$547,9003,2771,7934.0 mi
70
LA-349641
Dirt · Off grid
701.6Jul 27, 2026$648,90092599711.2 mi
69
LA-487743
Paved · Full utilities
177.4Apr 16, 2025$483,8002,7271,05014.0 mi
65
LA-977276
Dirt · Power at road
126.5Aug 4, 2025$308,5002,4391,42012.3 mi
63
LA-566678
Dirt · Power at road
82.0Sep 28, 2025$222,5002,7131,41016.1 mi
61
Show adjustment detail for the top comp
  • Tract size (216.51 ac → 250.08 ac)-4.0%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Off grid)-15.0%

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.