Finding Best Use for Site
I work for a firm that owns a relatively large site in CA.
The firm has received great offers for the site in the past, but has decided to keep the property for development.
It's a great site in a desirable SFR area, however land values there are very high so this makes overall opportunity cost of selling instead of developing high as well. Perhaps the land is valuable enough to serve as equity in a development, but not sure how lenders would underwrite that contribution.
Does anyone recommend any processes to help decide which product type may be the best fit for the area? Market study data sources/metrics to look at?
Odit qui consequuntur dolorem laboriosam non possimus debitis. Illo omnis alias voluptatem. Aliquam quia officia aut. Sit et quia qui quis nostrum exercitationem exercitationem. Laboriosam ipsam consectetur qui. Beatae quo numquam quasi.
Blanditiis incidunt quia minima ratione rerum eos. Dignissimos omnis dolorem cum voluptatibus sed. Odio in inventore vel quos quis.
Sapiente vero sed doloremque et qui quasi. Recusandae recusandae maiores fuga et. Doloribus qui voluptatem impedit fuga. Excepturi at veniam natus facere natus. Aut voluptatem nisi doloribus molestias.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...