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Updated about 9 years ago on . Most recent reply

Charlotte Moore's profile image
Charlotte Moore's profile image
Charlotte Moore
  • from Pasadena, California
  • Member since Feb 16, 2016
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Charlotte Moore's profile image
Charlotte Moore's profile image
Charlotte Moore
  • from Pasadena, California
  • Member since Feb 16, 2016
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Charlotte Moore
  • Pasadena, CA
9
Votes |
41
Posts
Buying & Selling Real Estate

What to do with a vacant lot?

Charlotte Moore
  • Pasadena, CA
Posted

Lately I've notice a lot of vacant lots (or parcels of land) for sale in my area. Some are too small or unequipped for building a house or business.  

Can anyone tell me what can be done with lots like these? Is there any profit in buying them? How is the value determined?  Thanks in advance for your help.

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Al Wilson's profile image
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Al Wilson
  • Investor
  • from Daphne, Alabama
  • Member since Dec 28, 2014
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Al Wilson's profile image
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Al Wilson
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  • from Daphne, Alabama
  • Member since Dec 28, 2014
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Al Wilson
  • Investor
  • Daphne, AL
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Al Wilson
  • Investor
  • Daphne, AL
Replied

If it is not suitable for SFR development, I would take a pass on it and keep looking. Good luck.

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