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Updated 28 days ago on .

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20
Posts
6
Votes
Anthony Conrad
6
Votes |
20
Posts

Landlocked residential lot purchase

Anthony Conrad
Posted

I’d like to buy a one acre, landlocked, undeveloped, residential lot that is adjacent to my primary residence but I’m not sure how to value the lot to make an offer.   It’s currently for sale as part of a two acre commercial property. Half is zoned commercial and half residential, but I want to buy the landlocked residential portion. Any suggestions on how to evaluate it vs a buildable lot with proper street access and utilities?