Comparable sales & offer analysis
Parcel LA-699378
St. Martin County, LA · 580 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,814,300
Adjusted value
$1,462,318
Value range
$1,220,462–$1,704,174
Comp $/acre
$2,522/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.1% versus the adjusted value.
Offer position
Max allowable offer
$835,610
Offer $/acre
$1,441/ac
Projected profit
$438,695
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 | 2,321 | 83 |
| LA-288615 | 333.7 | Apr 21, 2026 | $585,900 | 1,756 | 1,918 | 73 |
| LA-929685 | 724.3 | Mar 4, 2024 | $1,570,300 | 2,168 | 3,253 | 73 |
| LA-437979 | 210.5 | Jul 27, 2026 | $531,700 | 2,526 | 2,812 | 71 |
| LA-167671 | 168.4 | Feb 3, 2026 | $569,300 | 3,381 | 2,426 | 70 |
| LA-957835 | 189.6 | Mar 7, 2026 | $493,200 | 2,601 | 2,429 | 69 |
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.