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Vernon County, LA · Sold

LA-225848

2474 County Road 15

$89,000
$1,980/ac · 44.95 ac
Acreage44.95 ac
Price per acre$1,980/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJun 25, 2024
Coordinates31.0575, -93.2015
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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

Vernon County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View Vernon market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands14.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,058 ft of deeded road frontage.

Power204 ft away

Power at or near the road.

Buildable area36.51 of 44.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$110,121
$85,771$134,470 · $2,450/ac on 44.95 ac
Asking vs estimate
-19.2%
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 $89,000
Maximum allowable offer
$62,926
$1,400/ac · +30.0% target margin

You need $26,074 off asking to hit this margin.

All-in cost$68,275
Net resale$101,311
Projected profit$33,037
ROI+48.4%
Annualized+69.3%
Break-even resale$1,651/ac
Profit if resale lands off target
-20%
$12,774
-10%
$22,905
0%
$33,037
+10%
$43,168
+20%
$53,299
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-615129
Landlocked · Full utilities
26.7Jul 27, 2026$61,3002,2952,5363.3 mi
83
LA-136883
Landlocked · Power at road
95.2Jul 27, 2026$162,2001,7052,9602.3 mi
82
LA-145506
Gravel · Full utilities
35.1Sep 15, 2025$106,2003,0272,4631.6 mi
79
LA-256448
Dirt · Off grid
69.4Oct 1, 2025$83,4001,2021,8666.9 mi
75
LA-867065
Gravel · Off grid
108.6Apr 17, 2026$122,5001,1281,6382.3 mi
74
LA-384253
Dirt · Power at road
14.2Jul 27, 2026$35,6002,5142,4741.2 mi
74
LA-674123
Dirt · Off grid
12.9Jul 27, 2026$39,8003,0923,5455.5 mi
73
LA-126893
Landlocked · Off grid
95.8Aug 22, 2025$104,6001,0922,3215.5 mi
70
LA-314175
Dirt · Full utilities
13.4Aug 7, 2025$44,4003,3162,7674.3 mi
62
LA-867237
Gravel · Off grid
123.0Apr 23, 2024$138,3001,1241,8245.2 mi
61
Show adjustment detail for the top comp
  • Tract size (26.7 ac → 44.95 ac)-8.5%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%

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.