Land development is the process of converting raw or underutilized land into buildable parcels, then selling those parcels for far more than the raw land and the improvement work cost.
Log in to followI've built the model four times and I keep getting a different answer because I don't know what the honest placeholders are. 40 lots. Raw land $1.1M. Engineer's opinion of probabl…
I've had three separate conversations now where a builder tells me the finished lot has to come in at 20 to 25 percent of the retail house price, like it's a law of physics. So a…
I own 9 acres behind one of my small buildings, picked it up years ago with the rest of the site and it's been sitting in grass. Planning tells me up to 4 lots goes through an adm…
Career changer, starting from zero on all of this, so please be blunt with me. Everything I read about land development involves 40 or 60 lots and millions of dollars of pipe. The…
Deal in front of me: 62 lots in two phases, raw land at about $1.9M, engineer's estimate on improvements around $55k a lot all in, finished lots underwritten at $105k. A regional…
City wants a performance guarantee for the public improvements before they'll let me record the plat. Engineer's approved cost is $3.4M, they require 125 percent, so a $4.25M inst…