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Updated about 8 years ago,
What is 9 acres of land locked property by the lake really worth?
Hi BP. I've been busy working on marketing and sales for the past few months. Now I've got motivated sellers for 9 acres of prime real estate by the lake. It is land locked but there is a developer behind the property who I could whole sale the property to. If the real value of the property is 240k how low of a price should I try to get on the front end from the seller? The easement issue can be resolved and the developer can build a culdesac to add to his four phases of a subdivision.