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Union County, LA · Sold

LA-668094

5723 County Road 264

$678,300
$2,965/ac · 229 ac
Acreage229 ac
Price per acre$2,965/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedSep 26, 2025
Coordinates32.7377, -92.3009
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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

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,934 ft of deeded road frontage.

Power11,338 ft away

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

Buildable area191.46 of 228.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$679,944
$588,785$771,103 · $2,972/ac on 229 ac
Asking vs estimate
-0.2%
In line with the comp set

Weighted from 6 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 $678,300
Maximum allowable offer
$388,540
$1,698/ac · +30.0% target margin

You need $289,760 off asking to hit this margin.

All-in cost$421,566
Net resale$625,549
Projected profit$203,983
ROI+48.4%
Annualized+69.2%
Break-even resale$2,003/ac
Profit if resale lands off target
-20%
$78,873
-10%
$141,428
0%
$203,983
+10%
$266,538
+20%
$329,093
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-828753
Dirt · Off grid
368.7Jul 27, 2026$754,6002,0473,2329.9 mi
77
LA-806374
Dirt · Off grid
65.8Jul 27, 2026$240,5003,6563,6582.3 mi
73
LA-498861
Gravel · Power at road
398.8Apr 23, 2025$924,8002,3192,8853.1 mi
68
LA-317201
Gravel · Full utilities
119.8Sep 29, 2025$457,0003,8152,73012.9 mi
64
LA-976904
Dirt · Power at road
96.6Aug 22, 2024$251,6002,6042,6172.6 mi
62
LA-689579
Paved · Off grid
670.8Feb 27, 2024$1,109,3001,6542,51111.8 mi
58
Show adjustment detail for the top comp
  • Tract size (368.74 ac → 228.76 ac)+14.8%
  • Access (Dirt → Paved)+37.2%

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.