Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed
Eppraisal
FEBRUARY 7, 2023
If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord. By contrast, a homebuilder acquires raw land to build on and sell when home values are high. Of course, the purchaser's plans for the land are factors in its market value.
Let's personalize your content