Tommy Dobczyk breaks down five ways to use a 25-acre parcel with a steel building: outdoor storage, truck and trailer parking, RV storage, splitting it into commercial lots, or mixing uses. He flags that it lacks highway access and sits in a flood zone, so you'd need an access road and utilities.
Chapters
Are you a land shark doing deals? Put it into your chat and tell it to analyze it for, for like the highest and best use of 25 acres in this area and do like a little market research about 5 highly valuable, you know, high return opportunities. What we'd like to do is get a feasibility study or market analysis of this area. We have the 25 acres with that steel metal building there. We noticed that there's an RV park in the area. Is— can you give me 5 really good examples of the highest and best use for this property? Even if it's to subdivide it into, you know, commercial, because of the commercial status, maybe I subdivide it into 2 to 3 different parcels and uses based on your list, but give me the 5 highest and best uses of this land and the needs that you could find in this area based on all of your resources and all of your abilities as deal hunter to discover the highest and best use of land and provide me 5 of those great examples. My top 5 highest and best uses, best overall, is gonna be outdoor storage contractor yard. And, and again, like using all 25 acres for that may not be necessary, but it does not have the direct access off, right? Right off the highway. So the other thing that we don't have to really like focus on is the fact that with an outdoor storage contractor yard, we're not gonna worry about a flood zone. So the next thing is the truck parking, trailer storage, fleet yard. Like you could literally do like you'd split 25 acres, 12 and 12, and have 1 acre for access road and utilities. But you got 12 acres of RV storage covered and you got 12 acres of truck parking, right?
