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Vermilion County, LA · Sold

LA-967812

5801 County Road 242

$344,600
$1,848/ac · 187 ac
Acreage187 ac
Price per acre$1,848/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedMay 23, 2025
Coordinates29.7619, -92.3124
Loading terrain…
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

5 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands19.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.6%

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.

Power10,414 ft away

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

Buildable area143.16 of 186.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$279,908
$224,405$335,411 · $1,501/ac on 187 ac
Asking vs estimate
+23.1%
Priced above 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 $344,600
Maximum allowable offer
$159,947
$858/ac · +30.0% target margin

You need $184,653 off asking to hit this margin.

All-in cost$173,542
Net resale$257,515
Projected profit$83,972
ROI+48.4%
Annualized+69.3%
Break-even resale$1,011/ac
Profit if resale lands off target
-20%
$32,469
-10%
$58,221
0%
$83,972
+10%
$109,724
+20%
$135,475
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-107955
Dirt · Off grid
206.8Jun 4, 2026$282,7001,3671,1227.9 mi
83
LA-538511
Dirt · Power at road
309.4Jul 4, 2026$812,9002,6272,0494.1 mi
82
LA-338318
Dirt · Full utilities
269.1Jul 27, 2026$720,5002,6781,6393.1 mi
81
LA-588353
Paved · Full utilities
276.0Jul 27, 2026$931,7003,3761,5187.7 mi
78
LA-446397
Gravel · Off grid
66.9Oct 12, 2025$150,0002,2421,2218.6 mi
69
LA-228862
Gravel · Full utilities
399.0Jul 31, 2025$856,3002,1461,3216.9 mi
65
LA-136316
Dirt · Power at road
63.1Jan 2, 2025$182,7002,8951,5869.6 mi
62
Show adjustment detail for the top comp
  • Tract size (206.85 ac → 186.5 ac)+2.9%
  • Access (Dirt → Landlocked)-20.9%
  • 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.