Comparable sales & offer analysis
Parcel LA-453529
St. Martin County, LA · 8.38 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$50,500
Adjusted value
$65,496
Value range
$54,176–$76,816
Comp $/acre
$7,816/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.9% versus the adjusted value.
Offer position
Max allowable offer
$37,426
Offer $/acre
$4,466/ac
Projected profit
$19,649
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-694715 | 19.8 | Jul 27, 2026 | $100,700 | 5,092 | 9,002 | 75 |
| LA-384606 | 18.3 | Jul 27, 2026 | $172,700 | 9,450 | 9,913 | 74 |
| LA-253553 | 8.5 | Mar 17, 2024 | $67,100 | 7,863 | 7,144 | 72 |
| LA-394731 | 20.0 | Dec 9, 2025 | $95,700 | 4,784 | 6,057 | 72 |
| LA-644984 | 24.0 | Jul 27, 2026 | $82,800 | 3,446 | 7,909 | 72 |
| LA-582684 | 4.5 | Aug 16, 2025 | $25,400 | 5,601 | 6,673 | 70 |
| LA-464470 | 16.6 | Oct 21, 2025 | $105,900 | 6,390 | 9,814 | 70 |
| LA-264696 | 19.5 | Jun 28, 2025 | $86,900 | 4,454 | 6,983 | 69 |
| LA-414881 | 22.3 | Jul 10, 2025 | $69,600 | 3,119 | 6,286 | 67 |
| LA-162253 | 3.3 | Jun 19, 2024 | $19,000 | 5,726 | 8,232 | 57 |
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.