Subdivision Development Startup

[Steven Nitschke]

Hello friends, before hand i would like to say thank you for anyone taking the time to read/help/offer advice or criticism.

I’m interested in a piece of property (ag land) for possibly developing a subdivision (roads, sewer, subdividing lots)

This property is currently not for sale, but I have a feeling for the right price the property owner would be willing to split way with all/some of the land.

I have the capital/hard money investors available to handle a project this size and I realize what I’m getting involved with (permits, zoning etc)

My question (s) what would be the correct way at going about contacting the owner of the property to see if they would be willing to sell for a future development project. If I’m looking at subdividing these lots in .5 or 1 acre, how many acres minimum would i need to make the project worth my overhead of roads sewer etc.

Thanks again!