Wholesaling Commercial Zoned Land

[Jarin Bryant]

Hello BP Community!

I am preparing to lock up an 113 acre land lot zoned for commercial. This land sits adjacent to major highway, ongoing construction of a Google facility, newly built Amazon (opened in August) & Walmart fulfillment center, with XPO Logistics a few minutes away. 

Does the price of $35M sound attractive to an end buyer for this type of deal that will produce major ROI years to come?

[Steve Morris]

When you say lock up, what does that mean?  I'm curious.

If a wholesaler, I can't believe someone with that much propertyis that dumb enough to:

1) Allow you to tie it up with $0

2) Allow a blind assignment at a price he won't see

3) Selling land can be a 2 year process to get entitlements.  So it's not a flip

4) Allow you to make a fee without a real estate license.  I'd call the GA REA on you.