Comparable sales & offer analysis
Parcel LA-309589
St. Martin County, LA · 676 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,210,100
Adjusted value
$1,047,603
Value range
$835,501–$1,259,706
Comp $/acre
$1,550/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.5% versus the adjusted value.
Offer position
Max allowable offer
$598,631
Offer $/acre
$886/ac
Projected profit
$314,281
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-288615 | 333.7 | Apr 21, 2026 | $585,900 | 1,756 | 1,223 | 75 |
| LA-929685 | 724.3 | Mar 4, 2024 | $1,570,300 | 2,168 | 2,076 | 75 |
| LA-699378 | 579.9 | Dec 10, 2024 | $1,491,400 | 2,572 | 1,766 | 73 |
| LA-437979 | 210.5 | Jul 27, 2026 | $531,700 | 2,526 | 1,794 | 73 |
| LA-957835 | 189.6 | Mar 7, 2026 | $493,200 | 2,601 | 1,550 | 68 |
| LA-577327 | 131.2 | Jul 27, 2026 | $398,800 | 3,039 | 1,276 | 67 |
| LA-707436 | 142.0 | Sep 20, 2025 | $496,900 | 3,498 | 1,095 | 66 |
| LA-167671 | 168.4 | Feb 3, 2026 | $569,300 | 3,381 | 1,548 | 62 |
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.