Vermilion County, LA · Sold

LA-107955

2803 County Road 23

$301,100

$1,456/ac · 207 ac

Offer report Market this tract

Acreage207 ac

Price per acre$1,456/ac

ZoningAgricultural

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedFeb 10, 2026

Coordinates29.8480, -92.3999

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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

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

View Vermilion market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope24.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,104 ft of deeded road frontage.

Power11,506 ft away

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

Buildable area117.78 of 206.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$397,649

$331,760 – $463,538 · $1,922/ac on 207 ac

Asking vs estimate

-24.3%

Priced below the comp set

Weighted from 8 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 $301,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$227,228

$1,099/ac · +30.0% target margin

You need $73,872 off asking to hit this margin.

All-in cost$246,542

Net resale$365,837

Projected profit$119,295

ROI+48.4%

Annualized+69.2%

Break-even resale$1,296/ac

Profit if resale lands off target

-20%

$46,127

-10%

$82,711

$119,295

+10%

$155,878

+20%

$192,462

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-338318 Dirt · Full utilities	269.1	Jul 27, 2026	$720,500	2,678	2,015	9.9 mi	81
LA-588353 Paved · Full utilities	276.0	Jul 27, 2026	$931,700	3,376	1,865	5.9 mi	80
LA-538511 Dirt · Power at road	309.4	Jul 4, 2026	$812,900	2,627	2,518	9.0 mi	78
LA-967812 Landlocked · Off grid	186.5	Aug 28, 2025	$316,300	1,696	2,169	7.9 mi	77
LA-729660 Landlocked · Off grid	711.3	May 30, 2025	$587,000	825	1,580	0.3 mi	70
LA-228862 Gravel · Full utilities	399.0	Jul 31, 2025	$856,300	2,146	1,623	4.7 mi	67
LA-136316 Dirt · Power at road	63.1	Jan 2, 2025	$182,700	2,895	1,949	2.3 mi	63
LA-446397 Gravel · Off grid	66.9	Oct 12, 2025	$150,000	2,242	1,500	11.0 mi	62

Show adjustment detail for the top comp

Tract size (269.07 ac → 206.85 ac)+7.7%
Utilities (Full utilities → Off grid)-30.3%

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.

Build the listing kit Post a deal or JV