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Union County, LA · Sold

LA-317201

1638 County Road 87

$444,600
$3,711/ac · 120 ac
Acreage120 ac
Price per acre$3,711/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedFeb 8, 2025
Coordinates32.8851, -92.4370
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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

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
8
Low risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,570 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area108.12 of 119.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$568,843
$478,958$658,727 · $4,748/ac on 120 ac
Asking vs estimate
-21.8%
Priced below the comp set

Weighted from 7 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 $444,600
Maximum allowable offer
$325,053
$2,713/ac · +30.0% target margin

You need $119,547 off asking to hit this margin.

All-in cost$352,683
Net resale$523,335
Projected profit$170,653
ROI+48.4%
Annualized+69.2%
Break-even resale$3,200/ac
Profit if resale lands off target
-20%
$65,986
-10%
$118,319
0%
$170,653
+10%
$222,987
+20%
$275,320
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-806374
Dirt · Off grid
65.8Jul 27, 2026$240,5003,6565,29911.4 mi
72
LA-668094
Paved · Off grid
228.8Jul 27, 2026$665,4002,9094,22412.9 mi
71
LA-985767
Gravel · Power at road
42.4Jun 6, 2024$195,8004,6204,8771.7 mi
67
LA-828753
Dirt · Off grid
368.7Jul 27, 2026$754,6002,0474,6829.5 mi
67
LA-976904
Dirt · Power at road
96.6Aug 22, 2024$251,6002,6043,79211.3 mi
66
LA-498861
Gravel · Power at road
398.8Apr 23, 2025$924,8002,3194,18012.3 mi
59
LA-785497
Gravel · Full utilities
34.9Aug 8, 2024$263,6007,5636,2779.2 mi
59
Show adjustment detail for the top comp
  • Tract size (65.8 ac → 119.8 ac)-13.3%
  • Access (Dirt → Gravel)+16.3%
  • 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.