Entitlement & Horizontal Development for Multi-family vs Residential Subdivision

[Daniel Alfandre]

Does anyone know, or have a good idea, about the difference in returns on entitling & developing the land for each scenario, with final objective to sell to a builder to build and sell the structures him/herself.  Per square foot, does one or the other have a higher likelihood of returning a higher return?  Let's say an 8-14 story multifamily building.