Comparable sales & offer analysis
Parcel LA-957835
St. Martin County, LA · 190 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$597,800
Adjusted value
$459,368
Value range
$369,217–$549,518
Comp $/acre
$2,422/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.1% versus the adjusted value.
Offer position
Max allowable offer
$262,496
Offer $/acre
$1,384/ac
Projected profit
$137,810
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-437979 | 210.5 | Jul 27, 2026 | $531,700 | 2,526 | 3,083 | 87 |
| LA-577327 | 131.2 | Jul 27, 2026 | $398,800 | 3,039 | 2,193 | 81 |
| LA-167671 | 168.4 | Feb 3, 2026 | $569,300 | 3,381 | 2,660 | 79 |
| LA-288615 | 333.7 | Apr 21, 2026 | $585,900 | 1,756 | 2,103 | 76 |
| LA-707436 | 142.0 | Sep 20, 2025 | $496,900 | 3,498 | 1,882 | 73 |
| LA-699378 | 579.9 | Dec 10, 2024 | $1,491,400 | 2,572 | 3,034 | 62 |
| LA-486646 | 80.1 | Jan 31, 2024 | $292,000 | 3,643 | 1,873 | 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.