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Updated about 4 years ago on . Most recent reply
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I Need Help Evaluation Vacant Lots
I’m looking for help regarding finding the value of empty lots in Alpharetta, GA.
Most Popular Reply
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@Aaron Jones I would suggest connecting with a investor savvy realtor in the area which you are looking to purchase lots. A large part of the value is what you can build with that lot (zoning laws), location, architecture, cost of the build (local builder), and comparable sales or rent in the area are for that structure.
Example: Land = 50k, Build = 125k, and if comparable sales are 275k then you could net some profit.
Not perfect math but some rough estimates can give you a ballpark estimate if it is or is not worth it.