Residential property can be zoned to commercial, how to choose...

[Hannah Sargent]

Hey,

So I have a property that I am contracting at a great low price. It is currently zoned as residential but is located on a main road next to a national chain pharmacy. Its a no brainer that I have a deal and that there will be a buyer that would rezone this for commercial property. What I don't know is do I market this as a property that can be rezoned commercial? If so, how do I determine what my wholesale fee should be or how much difference the land value would be after its rezoned? The house that's on it most likely needs to be torn down. I cant see room for profit if the buyer is to use it as a residential property. Any tips or advice would be great! This could possibly be my first deal, I want to make sure I don't undersell myself or the property.