The subdivide-and-sell strategy involves buying a larger parcel of land, dividing it into smaller lots through the legal subdivision process, and selling those lots individually for more in aggregate than the whole cost.
Log in to followTwo parcels in the same county, both plausible three or four lot splits, and I can only do one this year. First is 58 acres at $6,300 an acre, so $365k. Forty tillable acres under…
16 acres, listed a while, frontage on two roads, priced at about $7,500 an acre. The listing says "possible split" which I've learned means nothing. The county ordinance is online…
Five lots coming off 41 acres, preliminary approval in hand, plat should record in the spring. Access is off existing county frontage so there's no road to build, which is why I b…
27 acres, six lots, preliminary plat conditioned on access. County will take either a shared private drive built to their gravel standard with a turnaround, or a dedicated paved r…
This comes up in my inbox more than anything else, so putting it to the room. Somebody wants to do their first two or three lot split. Their home county has a subdivision ordinanc…
Two listings I've been circling for a couple months in the same county, both about 30 acres, both with county road frontage. The first one is zoned in a way that allows the lot si…
48 acres, ordinance supports 9 lots without a public road if I use the existing frontage and one easement, and the frontage is the constraint on how fast this moves. Comparable lo…
Third split I've worked on and I still handle the sales the same way, which is to say I list them with a local agent and pay the commission out of each closing. On a nine lot proj…