Tommy Dobczyk walks a team through finding the best use for a half-acre property by mapping five options on Google Maps, from assisted living to multifamily to industrial, targeting a 40 to 60 percent return on investment.
Chapters
Were you in the deal room today? Do a— do a slide. I think if he does the microphone, he can hear you. Maybe. Yeah. Try it. Try it. See if I can hear you. The little microphone there. Yeah. Click on that. Let's see if they can hear Tommy Dobczyk. So what I'd like to do is I would like to do a feasibility study using this Google map. Give me the— give me the top 5 highest and best uses of this property. It's a half acre. I noticed with a residential property next door, I want to look at every type of asset class that fits this zoning. From assisted living to group home to the subsection of multifamily that's like quadplex, co-living, any kind of industrial that could possibly go there, maybe even like barndominium. What I'm looking for is to understand what the highest and best use of that property would be to obtain at least 40 to 60% ROI. So dig around and see what we can do to get a substantial return on our investment.