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Vermilion County, LA · Sold

LA-701186

8223 County Road 40

$7,600
$4,967/ac · 1.53 ac
Acreage1.53 ac
Price per acre$4,967/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedJan 28, 2024
Coordinates29.8932, -92.2079
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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

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

282 ft of deeded road frontage.

Power213 ft away

Power at or near the road.

Buildable area1.29 of 1.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,202
$7,487$10,918 · $6,015/ac on 1.53 ac
Asking vs estimate
-17.4%
Priced below the comp set

Weighted from 10 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 $7,600
Maximum allowable offer
$5,258
$3,437/ac · +30.0% target margin

You need $2,342 off asking to hit this margin.

All-in cost$5,705
Net resale$8,466
Projected profit$2,761
ROI+48.4%
Annualized+69.3%
Break-even resale$4,053/ac
Profit if resale lands off target
-20%
$1,068
-10%
$1,915
0%
$2,761
+10%
$3,608
+20%
$4,454
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-551351
Dirt · Power at road
1.7Jul 27, 2026$8,8005,1087,03812.6 mi
86
LA-381450
Dirt · Off grid
1.9Apr 28, 2026$5,1002,7394,4928.6 mi
78
LA-101836
Dirt · Off grid
2.5Dec 4, 2025$7,7003,1255,2401.6 mi
74
LA-992576
Landlocked · Power at road
4.2Mar 31, 2026$15,8003,7606,8039.8 mi
72
LA-312207
Gravel · Off grid
3.2Jul 25, 2024$10,1003,1504,8314.4 mi
67
LA-300350
Gravel · Full utilities
0.8Apr 12, 2024$5,0005,9246,2505.7 mi
62
LA-320483
Dirt · Full utilities
0.9Aug 1, 2024$5,4005,9197,18211.3 mi
61
LA-900242
Gravel · Full utilities
0.8Dec 25, 2024$5,8007,5647,75911.3 mi
61
LA-380603
Landlocked · Full utilities
1.0Jul 14, 2024$3,0002,9584,55315.1 mi
61
LA-992224
Gravel · Off grid
3.3Jul 13, 2024$13,0003,9886,1269.3 mi
59
Show adjustment detail for the top comp
  • 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.