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Terrebonne County, LA · Sold

LA-349641

9685 County Road 203

$608,200
$867/ac · 702 ac
Acreage702 ac
Price per acre$867/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedApr 24, 2026
Coordinates29.4280, -90.9489
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
28
Low risk
Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,567 ft of deeded road frontage.

Power14,502 ft away

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

Buildable area564.55 of 701.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$847,334
$743,963$950,705 · $1,208/ac on 702 ac
Asking vs estimate
-28.2%
Priced below the comp set

Weighted from 5 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 $608,200
Maximum allowable offer
$484,191
$690/ac · +30.0% target margin

You need $124,009 off asking to hit this margin.

All-in cost$525,347
Net resale$779,547
Projected profit$254,200
ROI+48.4%
Annualized+69.2%
Break-even resale$814/ac
Profit if resale lands off target
-20%
$98,290
-10%
$176,245
0%
$254,200
+10%
$332,155
+20%
$410,109
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-949663
Dirt · Power at road
712.9Jun 19, 2025$1,128,6001,5831,41816.7 mi
74
LA-468217
Landlocked · Off grid
250.1Jul 27, 2026$317,6001,2701,18411.2 mi
69
LA-108018
Dirt · Power at road
216.5Jul 27, 2026$354,7001,63898515.9 mi
66
LA-588402
Dirt · Full utilities
285.9Jan 30, 2025$648,7002,2691,2864.7 mi
65
LA-308392
Gravel · Power at road
283.9Jan 6, 2025$542,6001,9111,1385.5 mi
61
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (14 mo)+4.9%

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.