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Updated about 4 years ago on . Most recent reply

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Jeff Halverson
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15
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Commercial Land Development

Jeff Halverson
Posted

Hello - I recently purchased some raw land near a major highway and am wondering what the best use is for the land. Can anyone who’s developed land or knows something about developing land tell me if there is a study, or some method of determining what to develop the land for? Any insights are helpful, thank you!

Jeff

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Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
3,819
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3,820
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Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
Replied

@Jeff Halverson; everything @Austin Martel said.

Our appraisers have always done a best use section.

Also look up and down on Google earth for similar intersections and land, along your highway.  Look at those businesses and also contact them.  Don't re-invent the wheel.

Also your access will be key in what is possible. Turn in and out.  Crossovers.  Lights.  On/off ramps.  Side road access.

Tried looking you up.  All I saw was Western Michigan.  Used to work and live in Muskegon and Grand Haven.  Best beaches in the world.

  • Henry Clark
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