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Do you have an opportunity we can explore together?
LandBank is interested in a wide variety of properties that would make good opportunities for investment purposes. Ideally, these properties would meet the following guidelines:
- Size: 2 – 2000 Acres
- Price: $2,000,000 to $50,000,000
- Location: In areas with projected future population growth.
- Zoning /Type: Residential or Commercial – raw land, entitled, developed.
- Status: Distressed / Motivated Seller
The following is a shortlist of criteria that LandBank uses to evaluate interest in a particular piece of property. Please Address the following:
- Size of project — number of lots, lot size, number of acres of project.
- What makes this project of interest? Does it have unique qualities, or competitive advantages?
- Demographic Info – Median Household income for the area, average selling price?
- Location — Assessors Map and tax lot and/or I.D. number?.
- Stage of development—is it permitted and complete, partially complete? Is it entitled?
- Are essential services available such as water, sewer, storm water?
- Will services need to be extended to the property? Which andf approximately how far?
- Is the property sloped?
- Steeply?
- Moderately?
- Slightly?
- Flat?
- Are there any physical constraints that would impact development?
- Wetlands?
- Geology (slides? Previous landfill?)
- Environmental (contamination? Phase 1 report?)
- Access—is unrestricted access available?
- Price/Terms
- Is it a distressed sale? Are Banks calling the loan? Are there any liens or encumbrances on the property?
- What are comparable properties selling for (cost per acre or per square foot)?
Please email us the details of your property utilizing the check list above. We will contact you to discuss in further detail.
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