Comparable sales & offer analysis
Parcel LA-957835
St. Martin County, LA · 190 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$597,800
Adjusted value
$456,944
Value range
$367,337–$546,551
Comp $/acre
$2,410/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.8% versus the adjusted value.
Offer position
Max allowable offer
$261,111
Offer $/acre
$1,377/ac
Projected profit
$137,083
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 | 3,066 | 88 |
| LA-577327 | 131.2 | Jul 27, 2026 | $398,800 | 3,039 | 2,181 | 82 |
| LA-167671 | 168.4 | Feb 3, 2026 | $569,300 | 3,381 | 2,645 | 80 |
| LA-288615 | 333.7 | Apr 21, 2026 | $585,900 | 1,756 | 2,091 | 77 |
| LA-707436 | 142.0 | Sep 20, 2025 | $496,900 | 3,498 | 1,872 | 74 |
| LA-699378 | 579.9 | Dec 10, 2024 | $1,491,400 | 2,572 | 3,019 | 63 |
| LA-486646 | 80.1 | Jan 31, 2024 | $292,000 | 3,643 | 1,863 | 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.