Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

1,173
Posts
1,644
Votes
Brian Ellis
  • Rental Property Investor
  • South shore, MA
1,644
Votes |
1,173
Posts

Un-Buildable Lot - Any way around it?

Brian Ellis
  • Rental Property Investor
  • South shore, MA
Posted

There is a lot for sale in a very desirable part of town, with ocean frontage. The lot for sale has never been built on, and the town has restricted all building on that beach unless there was an existing structure grandfathered in. 

According to the town, the beach was allowed to be built on for a period of time, but they have stopped that years back.

I hate to see such a good piece of land sit there. The only benefit to buying the lot is to possibly sell to the neighbor who abuts it (ive been told they don't have any money to purchase it).

My question is, is there any way around this? It has access to roads and utilities. Any experience/wisdom is greatly appreciated!

Most Popular Reply

User Stats

633
Posts
526
Votes
Greg Parker
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
526
Votes |
633
Posts
Greg Parker
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
Replied

Check with permit department and see if any other property has been built on since the "ban". The city could give you an exemption with good cause. Also, you could ask the mayor if he would like to be a "silent" partner or advisor, he could surely find a loophole. The good-ol-boy network.

business profile image
MGM Property Pros LLC

Loading replies...