Offer at better than 25% and the goal is to close at or above 20% COC.Medium to large apartment buildings are running 6-8% cap rate...Today in Atlanta with sky high prices for SFR raw materials it's hard to do more than 12% and new purchases much less than 12% cap rate.  

My father is an appraisor and successful raw land investor in the San Angelo area.

Does anyone have experience they can share selling natural gas drilling rights in the last five-ten years, e.g. during the somewhat similar Louisiana rush last decade?

Especially interested in:

a. formulas to det...

You can market to people who own raw land and wholesale that land to builders?

I want to be able to analyze the raw data into something meaningful to give me some insight into where the real estate market trends are headed for my area.

What is the value of the raw land?

A raw lot has no approvals.As a simple example, many of the townhouse deals I work on are priced at $5000 for a raw lot, engineered at $50,000 and finished at $100,000.

I am looking for ~20A raw (but suitable for a cabin) land in the Blue Ridge/Smoky Mtn region (W/SW VA; E TN, mostly).

PMs pull a raw credit report (no FICO) and hand it to you anyway.

The city wants to buy my land, at the value of raw land, and I will not sell it to them at that cost.So not being wanted and zoning are not tied together.That said- read the code to make sure you understand the rules for placing homes, replacing homes etc regardless of being conforming or non conforming.