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Updated over 4 years ago on . Most recent reply
NNN Land development
Is there a way to buy and develop land for a NNN property? If yes, How can this be done?
Most Popular Reply
Greg Dickerson
#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
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- Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
Originally posted by @Padma Mallipeddi:
Is there a way to buy and develop land for a NNN property? If yes, How can this be done?
Yes this is a great business model and can be very lucrative. Development requires significant capital resources, serious expertise and the ability to determine highest and best use of property. The first step is to educate yourself on the market and the business. You start with finding land to develop or finding a user to build for. You need to determine if there is demand for what you want to build and the process and requirements to develop the parcel.