What I Need December 8, 2006: A Buildable Lot

By Dan Melson on December 8, 2006 1:01 PM | Permalink | Comments (0)

I'm going to try something a little different here. Usually when someone approaches me I've got some good properties already in the "found" list tha are good matches. This client, however, asked for something I don't make a continual habit of looking for.

I am looking for a level buildable lot, anywhere within half an hour commuting distance of places where there are lots of employers. Most preferably zoned for a four plex, but as long as it has a residential zoning already in place it may meet the client needs. The client is interested in anything suitable for four units or less.

There cannot be a big mystery about the waste disposal. Need to have sewer available or perc test already done and satisfactory for at least one unit.

I am looking at what's in the MLS, but there's nothing that reaches out and says "I might buy that!" Mostly, folks with lots for sale seem to want so much for the lot that there's no way somebody building a new structure could sell for more than the cost of the lot plus construction. That's not the way it works.

If you have such a lot, I have a qualified buyer with a substantial down payment, more than able to justify the loan.

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