Im in a position to purchase a small tract of land where I can build a duplex up to a quad.  

Turns out unless you have a way to monetize it, holding a larger tract of land is very costly to upkeep.

How are you digesting the other info?

Its only value is to the neighbors.the current owner no doubt bought it at tax sale were these odd strips of properties are usually bought and sold.My dad owned hundreds of these in CA .. left overs from tracts he developed he let them go to taxs each year some one would buy them and we would get the overages on them  LOL.

All three are relatively quick reads and easy to follow and digest.

A lot to digest there, but I have to admire your well-constructed post.I don't have a plan.

I find myself going from blog to blog, post to post, podcast to podcast, just trying to digest all the information.

In this tract neighborhood it looks like the price ceiling is around $325,000, and this mammoth home sold fairly close to that level.

@Abel De Loera To @Rick Pozos' point, Zillow claims that in my market area, 90% of their "Zestimates" are within 20% of actual market value.Take a minute to digest that.That means that 10% of their home value estimates are wrong by more than 20%. 

Great place to live, but no good building site that is anywhere near a good commute, extremely high cost of housing ($500k average for a basic 50 year old tract home), no decent public transit, over-all poor education levels in the public schools.