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Comparable sales & offer analysis

Parcel LA-644984

St. Martin County, LA · 24.04 ac · Agricultural · Landlocked · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$95,100
Adjusted value
$89,229
Value range
$67,555–$110,902
Comp $/acre
$3,712/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.6% versus the adjusted value.

Offer position

Max allowable offer
$50,988
Offer $/acre
$2,121/ac
Projected profit
$26,769
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
LA-69471519.8Jul 27, 2026$100,7005,0923,95282
LA-41488122.3Jul 10, 2025$69,6003,1192,76081
LA-14582144.1Jul 27, 2026$119,1002,7023,01280
LA-68528529.9Jul 27, 2026$221,5007,4095,18779
LA-38460618.3Jul 27, 2026$172,7009,4504,35278
LA-39473120.0Dec 9, 2025$95,7004,7842,65976
LA-46447016.6Oct 21, 2025$105,9006,3904,30875
LA-26469619.5Jun 28, 2025$86,9004,4543,06673
LA-65544933.7Nov 29, 2024$170,8005,0724,89672
LA-4535298.4Mar 17, 2025$50,0005,9722,79263
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.