My Mom has 4 acres of land for sale. I dnt think she should.

[Trevor S Foster]

Location: Maryland

A quick back story. My grandparents own 15+ acres of land. Which they divided up to their kids and kept some. My grand parents have already built a 4-story home on 5 acres, including a barn, pool and guest house. My aunt built her own home as well on the land she inherited.

Now currently, my mother has out her 4 acres up for sale. The appraisal was done and came out to 140k. I believe up to 3 homes can be built.she is waiting for a buyer  now. 

Although I'm a newbie to real estate but I think it's a mistake to sale the land. I believe we should find a way to build homes on the land or gather up a team of investors and come up with a plan. 

Like I said I'm very new but I feel like this is a big opportunity to seize. There are custom homes being built in the same vicinity & multiple homes built and occupied. This part of Maryland is on the come up, homes, townhomes and condos are popping up everywhere.

Am I wrong for thinking there's a way to turn a bigger profit on the land, Other than just selling it?

Is there anyway we can keep the land as a bargaining chip to convince lenders or private lenders to invest in building?

Please any advice would be greatly needed on what my first step should be. I know there's a way but I'm new to all of this.

To make the situation even better, I WORK FOR A LUMBER COMPANY THAT PROVIDES MATERIALS TO BUILDING PROFESSIONALS & HOME OWNERS. This has to add leverage to my case that I can make this happen. 

I know this would be a big task but I won't stop until I figure it out and get it done or she ends up selling it because I can't put a deal together.

She has told me she'd give me the opportunity to atleast try and put this together. 

Advice is welcome.

[Alex Deacon]

@Trevor S Foster The main things to look for when subdividing property are

1. Road frontage. How much

2. Whats the zoning allow. Talk to and get to know the local building inspector for the township the properties are located

3. Are there utilities. Water, sewer, electric and gas. Just because they are at one side of the property doesn't mean they are available for your parcel.

4. What are the minimum lot requirements

Thats just scratching the surface. best to talk to the township first. Thats your first phone call.

You may find that nothing can be built there or it doesnt make financial sense due to the topography, the utilities or the basic costs involved with something like this can be extraordinary.

good luck with your venture. I like your attitude. Dont stop till you get all the answers.