Comparable sales & offer analysis
Parcel LA-591977
St. Martin County, LA · 2.72 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,900
Adjusted value
$12,436
Value range
$10,769–$14,104
Comp $/acre
$4,572/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.8% versus the adjusted value.
Offer position
Max allowable offer
$7,106
Offer $/acre
$2,613/ac
Projected profit
$3,731
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-541726 | 2.3 | Dec 29, 2024 | $9,500 | 4,183 | 4,473 | 82 |
| LA-162253 | 3.3 | Jun 19, 2024 | $19,000 | 5,726 | 4,992 | 73 |
| LA-582684 | 4.5 | Aug 16, 2025 | $25,400 | 5,601 | 4,047 | 67 |
| LA-453529 | 8.4 | Mar 17, 2025 | $50,000 | 5,972 | 3,857 | 57 |
| LA-290335 | 0.8 | Jul 14, 2024 | $6,600 | 7,969 | 5,796 | 54 |
| LA-253553 | 8.5 | Mar 17, 2024 | $67,100 | 7,863 | 4,332 | 53 |
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.