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Terrebonne County, LA · Sold

LA-387177

1868 County Road 191

$334,800
$2,844/ac · 118 ac
Acreage118 ac
Price per acre$2,844/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedJan 7, 2024
Coordinates29.3083, -90.7518
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

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

View Terrebonne market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands7.5% of tract

Little to no mapped wetland coverage.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,280 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area103.46 of 117.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$397,430
$318,275$476,585 · $3,376/ac on 118 ac
Asking vs estimate
-15.8%
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 $334,800
Maximum allowable offer
$227,103
$1,929/ac · +30.0% target margin

You need $107,697 off asking to hit this margin.

All-in cost$246,407
Net resale$365,635
Projected profit$119,228
ROI+48.4%
Annualized+69.2%
Break-even resale$2,275/ac
Profit if resale lands off target
-20%
$46,101
-10%
$82,665
0%
$119,228
+10%
$155,792
+20%
$192,355
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-627025
Paved · Off grid
105.5Jul 27, 2026$277,5002,6323,1207.8 mi
87
LA-596965
Dirt · Full utilities
101.0Aug 19, 2025$366,9003,6344,2354.3 mi
83
LA-816997
Paved · Full utilities
103.3Jun 7, 2026$316,7003,0652,5348.0 mi
82
LA-977276
Dirt · Power at road
126.5Aug 4, 2025$308,5002,4393,6774.8 mi
81
LA-108018
Dirt · Power at road
216.5Jul 27, 2026$354,7001,6382,7443.2 mi
77
LA-815785
Paved · Off grid
43.0Jul 27, 2026$160,5003,7383,6366.7 mi
75
LA-937661
Gravel · Power at road
167.2Mar 19, 2025$547,9003,2774,6459.3 mi
74
LA-566678
Dirt · Power at road
82.0Sep 28, 2025$222,5002,7133,6535.5 mi
73
LA-496420
Dirt · Full utilities
68.0Dec 20, 2023$166,0002,4412,7671.1 mi
72
LA-896777
Dirt · Off grid
88.1May 19, 2025$146,9001,6682,7265.6 mi
71
Show adjustment detail for the top comp
  • Tract size (105.46 ac → 117.73 ac)-2.7%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.