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Terrebonne County, LA · Sold

LA-994980

3236 County Road 87

$88,000
$3,671/ac · 23.97 ac
Acreage23.97 ac
Price per acre$3,671/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJul 4, 2025
Coordinates29.3338, -90.9115
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

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands18.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

964 ft of deeded road frontage.

Power10,484 ft away

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

Buildable area18.56 of 23.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$72,200
$60,284$84,115 · $3,012/ac on 23.97 ac
Asking vs estimate
+21.9%
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 $88,000
Maximum allowable offer
$41,257
$1,721/ac · +30.0% target margin

You need $46,743 off asking to hit this margin.

All-in cost$44,764
Net resale$66,424
Projected profit$21,660
ROI+48.4%
Annualized+69.2%
Break-even resale$2,030/ac
Profit if resale lands off target
-20%
$8,375
-10%
$15,017
0%
$21,660
+10%
$28,302
+20%
$34,944
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-754842
Gravel · Power at road
21.7Jul 27, 2026$82,6003,8083,1994.2 mi
88
LA-554540
Paved · Full utilities
17.4Jul 27, 2026$97,6005,5993,1796.7 mi
79
LA-735267
Gravel · Power at road
29.5Mar 27, 2025$82,2002,7872,5864.4 mi
75
LA-815785
Paved · Off grid
43.0Jul 27, 2026$160,5003,7383,49612.3 mi
74
LA-835479
Dirt · Power at road
34.4Sep 13, 2025$95,6002,7793,0193.1 mi
74
LA-784651
Gravel · Power at road
18.9Jun 15, 2025$70,4003,7263,2199.4 mi
73
LA-533869
Dirt · Power at road
10.7Apr 13, 2026$27,3002,5492,3355.5 mi
70
LA-333446
Dirt · Power at road
7.9Jul 27, 2026$29,0003,6753,2505.8 mi
70
LA-146595
Paved · Power at road
77.2Aug 2, 2025$165,8002,1462,0101.6 mi
68
LA-346351
Landlocked · Off grid
64.7Dec 4, 2025$134,6002,0793,7675.7 mi
67
Show adjustment detail for the top comp
  • Tract size (21.69 ac → 23.97 ac)-1.4%
  • 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.