Comparable sales & offer analysis
Parcel LA-162253
St. Martin County, LA · 3.32 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,800
Adjusted value
$19,028
Value range
$15,975–$22,082
Comp $/acre
$5,731/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.3% versus the adjusted value.
Offer position
Max allowable offer
$10,873
Offer $/acre
$3,275/ac
Projected profit
$5,708
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-591977 | 2.7 | Apr 15, 2024 | $14,500 | 5,314 | 7,374 | 73 |
| LA-541726 | 2.3 | Dec 29, 2024 | $9,500 | 4,183 | 5,624 | 71 |
| LA-582684 | 4.5 | Aug 16, 2025 | $25,400 | 5,601 | 5,089 | 70 |
| LA-453529 | 8.4 | Mar 17, 2025 | $50,000 | 5,972 | 4,850 | 59 |
| LA-253553 | 8.5 | Mar 17, 2024 | $67,100 | 7,863 | 5,448 | 54 |
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.