Comparable sales & offer analysis
Parcel LA-464470
St. Martin County, LA · 16.57 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$121,700
Adjusted value
$91,942
Value range
$69,774–$114,109
Comp $/acre
$5,549/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +32.4% versus the adjusted value.
Offer position
Max allowable offer
$52,538
Offer $/acre
$3,171/ac
Projected profit
$27,582
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-694715 | 19.8 | Jul 27, 2026 | $100,700 | 5,092 | 6,062 | 83 |
| LA-384606 | 18.3 | Jul 27, 2026 | $172,700 | 9,450 | 6,675 | 83 |
| LA-644984 | 24.0 | Jul 27, 2026 | $82,800 | 3,446 | 5,326 | 82 |
| LA-414881 | 22.3 | Jul 10, 2025 | $69,600 | 3,119 | 4,234 | 79 |
| LA-394731 | 20.0 | Dec 9, 2025 | $95,700 | 4,784 | 4,079 | 79 |
| LA-685285 | 29.9 | Jul 27, 2026 | $221,500 | 7,409 | 7,955 | 78 |
| LA-145821 | 44.1 | Jul 27, 2026 | $119,100 | 2,702 | 4,620 | 74 |
| LA-264696 | 19.5 | Jun 28, 2025 | $86,900 | 4,454 | 4,703 | 72 |
| LA-453529 | 8.4 | Mar 17, 2025 | $50,000 | 5,972 | 4,284 | 68 |
| LA-655449 | 33.7 | Nov 29, 2024 | $170,800 | 5,072 | 7,512 | 66 |
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.