Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

383
Posts
361
Votes
Shane Kelly
  • Real Estate Agent
  • Cleveland, OH
361
Votes |
383
Posts

Can you acquire property from the city?

Shane Kelly
  • Real Estate Agent
  • Cleveland, OH
Posted

So I have been exploring an idea to basically broker an assemblage between two investors that I had found through public information. They are both interested in each other's land and also another surrounding owner's land as well. There is one plot that none of them own though and it is owned by 'Cleveland City Of Lb91'. I've never looked into anything like this before, so I know almost nothing about it and am looking to learn. My questions at the moment are: 

What is 'Cleveland City Of Lb91'? They own 363 parcels of land according to a website called Regrid, and I'm sure it's something to do with the city, but who or what exactly is it and what will they do with land owned by them?

Is it possible to purchase land from a city in this manner? For example, if a person owned all of the plots on a block but one that is owned by the city, can they buy that plot from the city so they can develop that whole lot? And if yes, how would one go about buying it?

Any guidance is appreciated. Thank you.

Loading replies...