In this informal, brainstorming-style YouTube short, a group of speakers discuss how to market and price a roughly 9.8‑acre property located on the wrong side of a railroad track. They first request a fair‑market offer based on comparable sales, formatted as a table for the broker. They then examine site constraints, noting the proximity to railroad tracks and the possibility (though uncertain) of tunneling under a highway to reach a rail yard. The conversation shifts to a development strategy: by granting easement and access, the land could be subdivided into three 3‑acre parcels, each potentially selling at $30 per square foot. They calculate that a conservative asking price for the whole parcel is $7.6 million, with an upper fair‑market ceiling around $8.9 million. Throughout, the tone is conversational, speculative, and occasionally humorous, reflecting a collaborative effort to maximize the property's value.
Chapters
Are you pitching deals in the deal room? All right, so ask it for— ready? I'm going to need a fair market offer based on the comps, and I want it broke down in table format so I can show this to the broker. And so this right here kind of helps get the numbers exactly right. So when you present— this is why we think that. And a decent— and again, in a decent location, it's not— it's not horrible. It's on the wrong side of the tracks. That's number one. The railroad tracks are across the street, so you can't do anything rail there at all. What you could do— guys, my brain just went— I'd have to go by and look, but you could almost probably tunnel over to the rail yard underneath the highway. For real? Yeah, but would the city and state really allow that? Listen, do not pee pee on my Aladdin's carpet. Oh, got it. Ant won't know when we riding on Aladdin's carpet, baby. I just said, will they let you? 100%. Okay, better to ask for forgiveness than permission. I got a genie in a bottle and he's gonna say, "Ta-da!" Ta-da! Yeah, it's way better than ta-da. I ain't got the teeth in to say ta-da, so it comes out ta-da. It was almost a wow. Can I get a what? What? You can get a wow. Let's see what you got, Mike. So the comparisons keep going down. So yeah, look here, you can see that the recently sold, they're smaller, right? But, and again, this leads to, Blake, we're probably overthinking this, like we're trying to be brain surgeons when what we really need to do is look at the fact that this is 9.8 acres. And if we gave easement and access, we can sell it for twice the money if we break it up. If we were able to subdivide this into 3-acre lots, look right there, $30 a square foot. Like, so that's kind of where, that's kind of where you got to look at this thing from, is like, huh, well, what if they, instead of having 9 acres and we do all this big it. What if we made 3 3-acre lots and sold them to— because we don't need to, we don't need permission to split it. As a matter of fact, we can divide any size lot up to 5 times without permission. So if we made 3 3-acre lots and sold them at $30 a square foot, now do the math on that. Keep going down right there. So it's showing right here that a conservative ask is at $7.6 million. The upper end of fair market is at $8.9 million. Excuse me. So, but if you look, keep going down, keep going down, keep going down, keep going down.
