He might want it to remain raw land that never gets touched.Probably back in the day the defunct developer penciled in cheaper labor and construction costs to try and make lower density work and even back then found out it wasn't feasible.Probably the cheapest thing you might could do is offer to take the guy to dinner on you and see where he is coming from, show empathy, and see if there is a WIN-WIN in there somewhere.If not sometimes the juice isn't worth the squeeze at all ever or just ( that particular moment in time ).You do not want to obligate yourself to thin deals.

In my layman's opinion, I thought the sale of land was generally an active trade and here is where the Winthrop factors specifically apply (since it was a a ruling about raw land as I have been educated in BP).I assume this is a multi-year venture. 

It's just that maybe with raw land it's harder to demonstrate your intent.

Census Bureau announced 15 cities that had the largest growth in raw numbers since the last census, in 2010.

Reaching out for advice, referrals, tips and trick, raw criticism and everything else above.My wife an I have a goal to get eventually start investing into small to medium value add multi-families properties, (50-80 unit) for example.

Which is why people probably like ZIllow since I'm sure their algorithm is just raw number-crunching to get an average.  

Purchase price: $28,000 Cash invested: $1 28 acres raw land next to National Forest.

This law may have helped consumers but it gave entrepreneurs a raw deal.my advice...do NOT get a biz CC, obtain a new personal one. here's why... 

Here are the details on the photo:- High resolution (preferably RAW format, or a JPEG with nice white balance)- Very narrow depth of field- Neutral background, outdoors is okay - Wide angle, with lots of neutral space to the left of the subject- A real estate theme, of course- Well lit, sharp focus- Permission to use the likeness of the subject- With subject individual set off-center to the right of the pic, between 75% & 100% (See 2nd photo down on this page for the placement we're looking for.)The person who submits the winning photo (if any) will get a free copy of the BiggerPockets Summit 2012 Audio and the fame of being on the front page of BP!

I said "15% on raw land?!"