Comparable sales & offer analysis
Parcel LA-198138
St. Tammany County, LA · 236 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$463,300
Adjusted value
$530,210
Value range
$451,237–$609,184
Comp $/acre
$2,245/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.6% versus the adjusted value.
Offer position
Max allowable offer
$302,977
Offer $/acre
$1,283/ac
Projected profit
$159,063
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-417779 | 182.1 | Nov 16, 2025 | $468,000 | 2,570 | 2,479 | 77 |
| LA-366677 | 82.0 | Jul 27, 2026 | $175,900 | 2,146 | 2,352 | 74 |
| LA-799421 | 598.3 | Dec 2, 2025 | $1,389,700 | 2,323 | 2,626 | 63 |
| LA-799754 | 761.5 | Oct 12, 2025 | $1,263,400 | 1,659 | 1,721 | 61 |
| LA-829780 | 775.9 | Sep 30, 2024 | $848,200 | 1,093 | 1,918 | 54 |
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.