A half-acre parcel listed at $245/acre gets evaluated for a quadplex or warehouse. Building doesn't pencil, but flipping it with entitlements could yield $50,000 to $100,000 if sold ready-to-build.
Today in The Deal Group. All right, it's a half acre. Now again, you said a quadplex. I like, I like the, I like to play on the quadplex. Go ahead and go down. Quick valuation says that stuff right there is going for $245 an acre asking, but in that spot there, it's typically more like $15,000 to $300,000. But it says it's not overpriced. What we can do is a 5,000, 7,000 square foot flex warehouse. Shows your incomes. Your exit is right there, and it says this does not pencil. Option 2, land flip entitlement plan. Doing all this stuff right here. I'm ready to build. Spread is only $50,000 to $100,000. Works only if you sell great tissues and your package is ready to build, right? So having everything done, done.
