How to Identify Land Deals & it's Highest and Best use?

[Christopher Cassidy]

I am a builder in Texas looking to get into land development. I know how to price out construction projects and build efficiently, but I'm still learning how to spot good land deals and identify what type of building makes the most sense in each area. 

A few questions for anyone who's done this:

- How do you figure out if land is a good deal (especially without MLS access?)

- What's your process for deciding the highest and best use of a property?

- How do yo keep track of past land sales to compare values? Do most people use spreadsheets, or is there a better tool?

-Any early mistakes to avoid?

I'd really appreciate any help! Love to learn or connect with anyone who could spread some wisdom. Thank you!