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Updated about 6 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Kha T.
  • Rental Property Investor
  • Gaithersburg MD
2
Votes |
9
Posts

How to appraise land for commercial development

Kha T.
  • Rental Property Investor
  • Gaithersburg MD
Posted

Hi there, I am a wholesaler in Maryland and came across a great opportunity for 14 acres right off of the major highway. Motivated seller was recently deeded the land. What would be a few accurate ways to appraise the land? It currently has two older houses on it, one is vacant one is being rented out for $700 a month.

I’ve been trying to reach out to local developers, but it’s hard to get someone to return my call.

It’s currently zoned for commercial/office would you opportunity to reach out to MIx use. Any insights are appreciated thanks so much!

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