Comparable sales & offer analysis
Parcel LA-288615
St. Martin County, LA · 334 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$621,300
Adjusted value
$768,265
Value range
$630,862–$905,668
Comp $/acre
$2,303/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.1% versus the adjusted value.
Offer position
Max allowable offer
$439,009
Offer $/acre
$1,316/ac
Projected profit
$230,480
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-437979 | 210.5 | Jul 27, 2026 | $531,700 | 2,526 | 2,624 | 77 |
| LA-309589 | 675.7 | Jul 27, 2026 | $998,300 | 1,478 | 2,166 | 76 |
| LA-957835 | 189.6 | Mar 7, 2026 | $493,200 | 2,601 | 2,267 | 75 |
| LA-577327 | 131.2 | Jul 27, 2026 | $398,800 | 3,039 | 1,867 | 72 |
| LA-167671 | 168.4 | Feb 3, 2026 | $569,300 | 3,381 | 2,263 | 72 |
| LA-929685 | 724.3 | Mar 4, 2024 | $1,570,300 | 2,168 | 3,035 | 68 |
| LA-699378 | 579.9 | Dec 10, 2024 | $1,491,400 | 2,572 | 2,582 | 66 |
| LA-707436 | 142.0 | Sep 20, 2025 | $496,900 | 3,498 | 1,601 | 65 |
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.