what is the minimum lot size...

Question

I'm starting out with vacant land flipping. What is the minimum lot size to experience land flippers start off with?

Mark Williams · Answer

Hi Eric,

Cities and municipalities establish zoning requirements that outline the minimum lot size per unit, especially in residential areas. These regulations play a crucial role in urban planning and development. After identifying a suitable lot, it's essential for you to engage with local authorities. The reason is that these zoning requirements directly influence what can or cannot be built on the site. This factor significantly impacts the desirability of the lot, especially for developers. Compliance with zoning regulations is vital because they dictate the type and size of structures that can be constructed on the property. Failing to adhere to these regulations can lead to legal issues and negatively affect the potential use and value of the lot. Therefore, checking and understanding these zoning requirements is a critical step in any real estate venture. Hope this helps.

-Mark

Kai Kopsch · Answer

Every state is different, and there is no correct answer to what a minimum lot size is. A lot size of a parking space in New City can have more value as a waterfront lot. For me, the most important would be location and the best exit strategy for the flip.

Edward Dean · Answer

Jumping on what Mark said, try to get confirmation from the actual City or municipality with authority over zoning and land use for that property. You can look up zoning information online but it is best practice to confirm with the proper governing authority what you can and cannot do with the land. Heard plenty of horror stories where "my agent said I could do x" but come to find out the information online was either incorrect or misunderstood.

Best of luck!

Henry T. · Answer

90 sf.

https://www.amazon.com/Coleman-6-Person-Instant-Cabin-200001...

what is the minimum lot size...

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