Comparable sales & offer analysis
Parcel LA-589399
Plaquemines County, LA · 589 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$704,200
Adjusted value
$977,990
Value range
$824,121–$1,131,859
Comp $/acre
$1,661/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.0% versus the adjusted value.
Offer position
Max allowable offer
$558,851
Offer $/acre
$949/ac
Projected profit
$293,397
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| LA-309051 | 457.6 | Jul 27, 2026 | $938,400 | 2,051 | 1,302 | 83 |
| LA-379855 | 819.3 | Jul 27, 2026 | $1,888,000 | 2,304 | 1,433 | 77 |
| LA-129079 | 467.0 | Aug 24, 2024 | $746,800 | 1,599 | 1,910 | 76 |
| LA-199723 | 744.5 | Aug 22, 2025 | $1,763,400 | 2,368 | 1,727 | 74 |
| LA-558217 | 250.1 | Aug 11, 2025 | $661,700 | 2,646 | 1,764 | 63 |
| LA-597978 | 210.3 | Dec 27, 2025 | $523,900 | 2,491 | 1,502 | 63 |
| LA-158415 | 288.7 | May 3, 2024 | $1,002,700 | 3,473 | 2,104 | 61 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.