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Vermilion County, LA · Sold

LA-588353

3571 County Road 118

$987,000
$3,576/ac · 276 ac
Acreage276 ac
Price per acre$3,576/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedMar 25, 2026
Coordinates29.7695, -92.4400
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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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands10.0% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,867 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area235.96 of 275.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$983,155
$777,920$1,188,390 · $3,562/ac on 276 ac
Asking vs estimate
+0.4%
In line with 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 $987,000
Maximum allowable offer
$561,803
$2,036/ac · +30.0% target margin

You need $425,197 off asking to hit this margin.

All-in cost$609,556
Net resale$904,503
Projected profit$294,946
ROI+48.4%
Annualized+69.2%
Break-even resale$2,401/ac
Profit if resale lands off target
-20%
$114,046
-10%
$204,496
0%
$294,946
+10%
$385,397
+20%
$475,847
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-338318
Dirt · Full utilities
269.1Jul 27, 2026$720,5002,6783,65510.7 mi
89
LA-538511
Dirt · Power at road
309.4Jul 4, 2026$812,9002,6274,56811.0 mi
80
LA-107955
Dirt · Off grid
206.8Jun 4, 2026$282,7001,3672,5015.9 mi
79
LA-228862
Gravel · Full utilities
399.0Jul 31, 2025$856,3002,1462,9459.4 mi
76
LA-967812
Landlocked · Off grid
186.5Aug 28, 2025$316,3001,6963,9357.7 mi
70
LA-539693
Paved · Off grid
728.5Nov 14, 2025$1,628,6002,2354,42613.2 mi
68
LA-729660
Landlocked · Off grid
711.3May 30, 2025$587,0008252,8675.6 mi
62
Show adjustment detail for the top comp
  • Tract size (269.07 ac → 275.98 ac)-0.7%
  • 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.