I am more than happy to pay $100,000 per acre to be in or next to a city.Zoned Industrial- they would have to check on zoning.Location- next to freeway with intersections/on/off ramps before and after it.Location- All of the competition is on the other side of the freeway.Rates- drive up access10 x 20 in the $250 to $300 range; we are at $130 and think it's great.Construction costs- subject to any local differences, such as permitting or planning, costs will be about the same as ours to develop. 

I've been listening to the podcasts and analyzing properties in the area close to my office in Houston in the Westchase area (northwest of the Southwest Freeway and Beltway 8 intersection). 

An example of this is the 'C' graded area ($78k average) you've drawn, starting at the intersection of Mayfield Rd. and Euclid Ave., extending northeast along Euclid to Superior, then up Superior Hill to the edge of Forest Hill Park, then follows the boundary of the park to Monticello then up Lee, then follows Forest Hills Blvd. then Nela View, and then follows Noble back down the hill to Euclid Ave., where it again follows Euclid Ave., to about the edge of Euclid Creek Reservation, then follows Glenridge up into South Euclid, jogs down to Monticello, goes south on Belvoir, then follows Elmwood back to Noble and juts down to Summit Park, which it follows to Cleveland Heights Blvd., then continues to Montevista to Oakridge to Yellowstone to Woodridge to Edison to Taylor, then goes south along Taylor to Superior then back to Lee, and at Euclid Heights heads back west to Coventry, which it follows north through Coventry Village until it hits Mayfield, then follows Mayfield west back to the starting point.

Find the intersection of what makes your life better and what is a good long term investment.

Also, around 103rd and Normandy (two separate streets, not necessarily an intersection), you might have a rough area or two but I don't think it's a war zone.It all depends on what you are very specifically looking for.

As a newcomer to the dynamic world of real estate investing, I am eager to embark on this journey armed with knowledge and insights from seasoned professionals such as yourselves.Having recently delved into the intricacies of buying and selling real estate, I find myself at the intersection of curiosity and the pursuit of knowledge.

I would prioritize being close to the intersection of Hamilton and Montana.

@Dan Inness   If you provided an intersection I am probably familiar with the area the duplexes are in -- I'm kicking myself in the butt for not getting in about 8 yrs ago on the building boom of those - the #'s weren't fantastic (I thought at that time) but the lending you could get and how low you could build the duplex it was a phenomenal deal -- hence why everyone is selling after not holding -- I think due to BP and other places a lot of out of state and dumb money has moved into Wichita pushing the prices of these up - I'm 99% you'll have ridiculous specials depending on where they are - especially if they're in Kechi, Park City area. 

It's in a hot market at a 4-way very busy intersection where two major state routes meet, in a more affluent area.

It's almost to the point where I know exactly what street intersects another one.