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Comparable sales & offer analysis

Parcel LA-380603

Vermilion County, LA · 1.01 ac · Mixed Use · Landlocked · Full utilities

LandPilot
Prepared Oct 3, 2026

Valuation summary

Asking price
$3,600
Adjusted value
$4,407
Value range
$3,643–$5,172
Comp $/acre
$4,364/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.3% versus the adjusted value.

Offer position

Max allowable offer
$2,519
Offer $/acre
$2,494/ac
Projected profit
$1,322
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-3204830.9Aug 1, 2024$5,4005,9195,10378
LA-5513511.7Jul 27, 2026$8,8005,1085,00375
LA-3814501.9Apr 28, 2026$5,1002,7393,19371
LA-9002420.8Dec 25, 2024$5,8007,5645,51369
LA-3003500.8Apr 12, 2024$5,0005,9244,44068
LA-1018362.5Dec 4, 2025$7,7003,1253,72461
LA-7011861.5Aug 4, 2024$8,1005,2854,07560
LA-9922243.3Jul 13, 2024$13,0003,9884,35355
LA-3122073.2Jul 25, 2024$10,1003,1503,43253
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.