Vermilion County, LA · Sold

LA-245627

4827 County Road 140

$83,600

$2,183/ac · 38.30 ac

Offer report Market this tract

Acreage38.30 ac

Price per acre$2,183/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedApr 27, 2025

Coordinates29.8714, -92.2030

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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

Low risk

Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

705 ft of deeded road frontage.

Power7,152 ft away

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

Buildable area30.49 of 38.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$114,015

$97,141 – $130,889 · $2,977/ac on 38.30 ac

Asking vs estimate

-26.7%

Priced below 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 $83,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$65,151

$1,701/ac · +30.0% target margin

You need $18,449 off asking to hit this margin.

All-in cost$70,689

Net resale$104,894

Projected profit$34,205

ROI+48.4%

Annualized+69.3%

Break-even resale$2,006/ac

Profit if resale lands off target

-20%

$13,226

-10%

$23,715

$34,205

+10%

$44,694

+20%

$55,184

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
LA-355694 Gravel · Off grid	40.2	Jul 27, 2026	$113,200	2,815	2,863	9.5 mi	86
LA-425447 Gravel · Power at road	33.6	Oct 3, 2024	$101,500	3,018	2,718	2.3 mi	81
LA-885137 Gravel · Power at road	26.9	Jul 27, 2026	$117,000	4,355	3,518	15.0 mi	80
LA-446397 Gravel · Off grid	66.9	Oct 12, 2025	$150,000	2,242	2,611	1.4 mi	76
LA-485985 Dirt · Power at road	49.6	Jul 27, 2026	$156,700	3,156	3,302	14.2 mi	75
LA-425250 Paved · Power at road	29.1	Dec 22, 2025	$84,300	2,893	2,055	10.0 mi	72
LA-304836 Paved · Full utilities	21.6	Mar 17, 2025	$122,900	5,692	3,272	6.5 mi	65
LA-394432 Landlocked · Power at road	16.1	Apr 1, 2026	$45,400	2,818	3,173	13.2 mi	64
LA-136316 Dirt · Power at road	63.1	Jan 2, 2025	$182,700	2,895	3,392	11.6 mi	62

Show adjustment detail for the top comp

Tract size (40.21 ac → 38.3 ac)+0.9%
Market time (2 mo)+0.8%

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