Building a new 8-plex on an open lot

[Chris Severin]

Newbie trying to get in the investing game...I found a lot that interests me. I met the guy who first purchased it, and he said he was building on it after demolishing the old house. The lot is prime and ready to build on, but it's been about 5 years or so since I last saw that guy and the lot has gotten overgrown several times in that period. I think an 8-plex with 1bed 1bath units would fit in the space. My question is about how much would I expect to pay a builder to do this? I know markets are different, so just a ballpark figure.