I don't know what the necessary market would be for this type of property in the area, however it sits on 5 acres so it is about the same size as the larger tracts of land in the area.

Whereas the vacancy rate increases so does the median cap rate.The data above was collected from the census american community survey and is computed at the tract level.Vacancy rates where computed first and split into cohorts that increment 0.1 percent.

And what was the relative build quality of homes built in 1955 for the Baby Boomer first buying in 1977 and the homes built in 1966 for the Gen Xer first buying in 1994 versus the homes built during the tract slop years of the early 1980s for a Millennial looking to buy today?

I’m a land broker who specializes in urban infill redevelopment sites in LA and also larger tracts in the Inland Empire.

A company in my area that typically purchases, fixes, and manages commercial properties in cheaper markets is planning to assist in the build and sale of a tract of townhomes in southern California. 

On suburban land a tract right next to you could be substantially cheaper to develop than your parcel, meaning its value would be considerably higher than yours.

I am about to accept an offer on 2 large tracts of Timberland I own.

RF often looks at your tract record on productivity.

Keep on tract of the cashflow to not hinder yourself to pay for normal and unexpected expenses.

The main question is a what to do with the 60ac tract that's been split into 4 paddocks for use with cattle (and was being used until 2 years ago.)