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Comparable sales & offer analysis

Parcel LA-591977

St. Martin County, LA · 2.72 ac · Recreational · Landlocked · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$14,900
Adjusted value
$12,370
Value range
$10,710–$14,030
Comp $/acre
$4,548/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.5% versus the adjusted value.

Offer position

Max allowable offer
$7,069
Offer $/acre
$2,599/ac
Projected profit
$3,711
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
LA-5417262.3Dec 29, 2024$9,5004,1834,44982
LA-1622533.3Jun 19, 2024$19,0005,7264,96774
LA-5826844.5Aug 16, 2025$25,4005,6014,02667
LA-4535298.4Mar 17, 2025$50,0005,9723,83758
LA-2903350.8Jul 14, 2024$6,6007,9695,76654
LA-2535538.5Mar 17, 2024$67,1007,8634,31153
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.