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Vernon County, LA · Sold

LA-348485

5476 County Road 51

$367,500
$1,210/ac · 304 ac
Acreage304 ac
Price per acre$1,210/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedJun 24, 2026
Coordinates31.0380, -93.2857
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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

4 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands18.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area236.56 of 303.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$521,208
$397,871$644,545 · $1,716/ac on 304 ac
Asking vs estimate
-29.5%
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 $367,500
Maximum allowable offer
$297,833
$981/ac · +30.0% target margin

You need $69,667 off asking to hit this margin.

All-in cost$323,149
Net resale$479,511
Projected profit$156,362
ROI+48.4%
Annualized+69.2%
Break-even resale$1,157/ac
Profit if resale lands off target
-20%
$60,460
-10%
$108,411
0%
$156,362
+10%
$204,313
+20%
$252,264
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-418443
Dirt · Off grid
294.6May 24, 2026$358,6001,2172,0338.1 mi
82
LA-248410
Gravel · Off grid
287.6Sep 11, 2025$449,7001,5642,2959.6 mi
78
LA-867065
Gravel · Off grid
108.6Apr 17, 2026$122,5001,1281,2397.2 mi
74
LA-149840
Paved · Full utilities
810.4Jul 27, 2026$1,023,8001,2631,44213.8 mi
73
LA-129424
Gravel · Full utilities
599.5Oct 12, 2024$638,5001,0651,4064.8 mi
73
LA-168299
Dirt · Power at road
265.4Aug 26, 2024$371,2001,3992,0665.6 mi
71
LA-136883
Landlocked · Power at road
95.2Jul 27, 2026$162,2001,7052,2393.8 mi
70
LA-429904
Landlocked · Power at road
848.9Jan 27, 2026$400,6004721,18111.9 mi
67
LA-867237
Gravel · Off grid
123.0Apr 23, 2024$138,3001,1241,3801.3 mi
65
LA-126893
Landlocked · Off grid
95.8Aug 22, 2025$104,6001,0921,7561.6 mi
64
Show adjustment detail for the top comp
  • Tract size (294.57 ac → 303.67 ac)-0.9%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (3 mo)+1.0%

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.