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Updated 12 months ago on . Most recent reply

William Coet's profile image
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William Coet
  • from Lititz, Pennsylvania
  • Member since May 7, 2013
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William Coet's profile image
William Coet's profile image
William Coet
  • from Lititz, Pennsylvania
  • Member since May 7, 2013
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William Coet
  • Lititz, PA
268
Votes |
578
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Commercial Real Estate Investing

Offering on Land: How To Get Time For Due Diligence To Research Solar Companies

William Coet
  • Lititz, PA
Posted
Hello,
A parcel of land is for sale that is on a power line that other solar projects have been developed on.  It would likely attract a solar company, but not sure yet.
Is there a way/clause to make an offer to get time for due diligence to contact solar companies?

Thank you
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Robert B.'s profile image
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Robert B.
  • from Orlando FL/Allentown, PA
  • Member since Dec 17, 2023
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Robert B.'s profile image
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Robert B.
  • from Orlando FL/Allentown, PA
  • Member since Dec 17, 2023
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Robert B.
  • Orlando FL/Allentown, PA
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Robert B.
  • Orlando FL/Allentown, PA
Replied

You could do a standard option contract…how big is the parcel?(s) you’re going to need a lot of acreage as utility scale solar typically starts in the 500+ acre range.

  • Robert B.
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