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Comparable sales & offer analysis

Parcel LA-384606

St. Martin County, LA · 18.28 ac · Unzoned · Gravel · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$166,900
Adjusted value
$143,972
Value range
$109,521–$178,422
Comp $/acre
$7,876/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.9% versus the adjusted value.

Offer position

Max allowable offer
$82,269
Offer $/acre
$4,501/ac
Projected profit
$43,191
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-69471519.8Jul 27, 2026$100,7005,0928,64886
LA-26469619.5Jun 28, 2025$86,9004,4546,70981
LA-39473120.0Dec 9, 2025$95,7004,7845,81980
LA-64498424.0Jul 27, 2026$82,8003,4467,59978
LA-46447016.6Oct 21, 2025$105,9006,3909,42876
LA-68528529.9Jul 27, 2026$221,5007,40911,34975
LA-14582144.1Jul 27, 2026$119,1002,7026,59273
LA-41488122.3Jul 10, 2025$69,6003,1196,03971
LA-4535298.4Mar 17, 2025$50,0005,9726,11065
LA-65544933.7Nov 29, 2024$170,8005,07210,71360
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.