How to unlock opportunity for 108 Acres in Carlisle South Carolina

[James McGovern]

Would love to work with a new home builder or commercial on using land I own that is sitting idle. 108 Acres in Carlisle South Carolina. Game to collaborate with wholesalers who can help me unload this property quickly.

[Jay Hinrichs]

Quote from @Mike H.:

Its a tough one to really help someone with.  Ultimately in looking at it, I'm not sure commercial would be that great as it doesn't have any highway frontage. 

It does have some road running through a portion of it and it does have the railroad running along the border. It looks to be heavily treed.

Have you thought about having a timber consultant tell you if theres any value in having someone come in and cut down the timber?  Might be a way to get some cash quicker or maybe get a buyer for the land quicker if you can show them they could pull 1k an acre by having someone come clear cut the parcel after they buy it.

The local population seems very limiting too. Its just a really small town and very few towns nearby.  Its not near any major cities where someone might look at it as a long play for path of progress.

Another option might be to see if a solar farm or wind farm company might be interested once its clear cut.  If you could get some interest by someone that does that, it might help you drive the price up and/or get a quicker sale too.

Those are some suggestions for getting value or maybe a quicker sale.  But in terms of a new home builder wanting to buy 109 acres in that location - I just don't see that being very likely (IMHO).  Same with commercial.  Just too small of a population.  Not enough people to generate the demand to sell enough houses for that size property and not enough people for a factory or something to come to because they wouldn't be able to get enough employees from the surrounding areas.

Is that a good hunting area? Maybe you could have a timber guy strategically come in and cut some of the timber down so you could get some cash and then sell to someone looking for some hunting land.  

I just don't see you being able to do a whole lot to allow you to sell it quickly outside of lowering your price to something extremely compelling.  

maybe a 4 way split easier to sell 25 acres for less money.. as long as survey cost dont run a ton. Logging is always an option.. what kind of timber ?  or is it hardwood ?  but I suspect homesites will drive the best values.. no one wants logged over sites for building ( generally speaking)  it works here in the Northwest because of the incredible shortage of buildable land. but in other areas not so much