Comparable sales & offer analysis
Parcel LA-929685
St. Martin County, LA · 724 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,471,700
Adjusted value
$1,237,921
Value range
$1,043,865–$1,431,976
Comp $/acre
$1,709/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.9% versus the adjusted value.
Offer position
Max allowable offer
$707,383
Offer $/acre
$977/ac
Projected profit
$371,376
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-309589 | 675.7 | Jul 27, 2026 | $998,300 | 1,478 | 1,715 | 87 |
| LA-288615 | 333.7 | Apr 21, 2026 | $585,900 | 1,756 | 1,417 | 78 |
| LA-699378 | 579.9 | Dec 10, 2024 | $1,491,400 | 2,572 | 2,045 | 75 |
| LA-437979 | 210.5 | Jul 27, 2026 | $531,700 | 2,526 | 2,078 | 73 |
| LA-957835 | 189.6 | Mar 7, 2026 | $493,200 | 2,601 | 1,795 | 70 |
| LA-577327 | 131.2 | Jul 27, 2026 | $398,800 | 3,039 | 1,478 | 66 |
| LA-167671 | 168.4 | Feb 3, 2026 | $569,300 | 3,381 | 1,792 | 61 |
| LA-707436 | 142.0 | Sep 20, 2025 | $496,900 | 3,498 | 1,268 | 58 |
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.