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Vernon County, LA · Sold

LA-973977

3400 County Road 87

$59,200
$5,108/ac · 11.59 ac
Acreage11.59 ac
Price per acre$5,108/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedAug 15, 2024
Coordinates31.0881, -93.0631
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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
Wetlands17.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

684 ft of deeded road frontage.

Power159 ft away

Power at or near the road.

Buildable area9.14 of 11.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$44,460
$37,268$51,651 · $3,836/ac on 11.59 ac
Asking vs estimate
+33.2%
Priced above the comp set

Weighted from 6 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 $59,200
Maximum allowable offer
$25,406
$2,192/ac · +30.0% target margin

You need $33,794 off asking to hit this margin.

All-in cost$27,566
Net resale$40,903
Projected profit$13,337
ROI+48.4%
Annualized+69.2%
Break-even resale$2,585/ac
Profit if resale lands off target
-20%
$5,157
-10%
$9,247
0%
$13,337
+10%
$17,428
+20%
$21,518
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-384253
Dirt · Power at road
14.2Jul 27, 2026$35,6002,5143,5259.4 mi
81
LA-674123
Dirt · Off grid
12.9Jul 27, 2026$39,8003,0925,05113.9 mi
79
LA-314175
Dirt · Full utilities
13.4Aug 7, 2025$44,4003,3163,9434.3 mi
76
LA-615129
Landlocked · Full utilities
26.7Jul 27, 2026$61,3002,2953,61311.7 mi
69
LA-873273
Landlocked · Full utilities
7.0May 23, 2025$15,2002,1873,15014.0 mi
64
LA-145506
Gravel · Full utilities
35.1Sep 15, 2025$106,2003,0273,50910.1 mi
60
Show adjustment detail for the top comp
  • Tract size (14.16 ac → 11.59 ac)+1.9%
  • 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.