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Union County, LA · Sold

LA-973240

8687 County Road 309

$35,200
$5,176/ac · 6.80 ac
Acreage6.80 ac
Price per acre$5,176/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedSep 13, 2024
Coordinates32.9121, -92.2677
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

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

View Union market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands8.2% of tract

Little to no mapped wetland coverage.

Average slope0.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

583 ft of deeded road frontage.

Power191 ft away

Power at or near the road.

Buildable area5.93 of 6.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,920
$35,437$48,402 · $6,165/ac on 6.80 ac
Asking vs estimate
-16.0%
Priced below the comp set

Weighted from 9 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 $35,200
Maximum allowable offer
$23,954
$3,523/ac · +30.0% target margin

You need $11,246 off asking to hit this margin.

All-in cost$25,990
Net resale$38,566
Projected profit$12,576
ROI+48.4%
Annualized+69.2%
Break-even resale$4,154/ac
Profit if resale lands off target
-20%
$4,863
-10%
$8,719
0%
$12,576
+10%
$16,432
+20%
$20,289
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-793563
Gravel · Off grid
8.6Jul 21, 2026$38,3004,4545,33610.9 mi
81
LA-973618
Landlocked · Off grid
8.9Jul 27, 2026$29,7003,3265,87311.9 mi
77
LA-493927
Dirt · Off grid
11.2Feb 28, 2026$56,3005,0347,27810.4 mi
70
LA-922169
Paved · Off grid
3.1Jul 27, 2026$22,3007,1116,87011.7 mi
70
LA-454344
Dirt · Off grid
15.1Jul 27, 2026$43,9002,9064,25211.3 mi
70
LA-114551
Dirt · Power at road
17.6Feb 1, 2025$85,7004,8806,55811.5 mi
64
LA-984564
Gravel · Off grid
17.7Jan 22, 2025$92,8005,2377,13510.3 mi
61
LA-921747
Dirt · Off grid
2.3Oct 17, 2024$11,2004,8766,88914.2 mi
58
LA-351660
Paved · Off grid
2.2May 19, 2025$12,1005,6015,6289.5 mi
58
Show adjustment detail for the top comp
  • Tract size (8.59 ac → 6.8 ac)+1.5%
  • Utilities (Off grid → Power at road)+17.6%

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.