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Vermilion County, LA · Sold

LA-992576

7081 County Road 387

$16,400
$3,905/ac · 4.20 ac
Acreage4.20 ac
Price per acre$3,905/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMay 29, 2025
Coordinates29.8847, -92.3708
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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

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power24 ft away

Power at or near the road.

Buildable area3.50 of 4.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$12,946
$10,884$15,009 · $3,082/ac on 4.20 ac
Asking vs estimate
+26.7%
Priced above 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 $16,400
Maximum allowable offer
$7,398
$1,761/ac · +30.0% target margin

You need $9,002 off asking to hit this margin.

All-in cost$8,027
Net resale$11,911
Projected profit$3,884
ROI+48.4%
Annualized+69.2%
Break-even resale$2,077/ac
Profit if resale lands off target
-20%
$1,502
-10%
$2,693
0%
$3,884
+10%
$5,075
+20%
$6,266
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-551351
Dirt · Power at road
1.7Jul 27, 2026$8,8005,1083,95211.8 mi
75
LA-312397
Gravel · Full utilities
3.7Nov 17, 2024$21,0005,6953,3904.0 mi
73
LA-312207
Gravel · Off grid
3.2Jul 25, 2024$10,1003,1502,7136.8 mi
72
LA-381450
Dirt · Off grid
1.9Apr 28, 2026$5,1002,7392,5225.9 mi
70
LA-803683
Gravel · Power at road
9.4May 12, 2026$29,9003,1932,29610.6 mi
70
LA-382729
Gravel · Off grid
4.7Nov 21, 2024$17,6003,7573,23911.1 mi
69
LA-101836
Dirt · Off grid
2.5Dec 4, 2025$7,7003,1252,9428.9 mi
69
LA-992224
Gravel · Off grid
3.3Jul 13, 2024$13,0003,9883,44010.3 mi
66
LA-701186
Paved · Power at road
1.5Aug 4, 2024$8,1005,2853,2219.8 mi
63
Show adjustment detail for the top comp
  • Tract size (1.73 ac → 4.2 ac)-2.4%
  • Access (Dirt → Landlocked)-20.9%

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.