50+ acre land tracts transacted price in your market for national builders

[Robert Ellis]

We track land that is transacted on a 6 year, 3 year, and 1.5 year moving average over 50 acres within a 45 mile radius of our core market unlimited height district. That's Columbus Ohio. It's interesting to see the price per acre paid at this price range and where the growth is occurring in our city. I wanted to ask what land is going for in your markets per acre when purchased by large institutional level investment groups or builders. This is not specific sites purchased by them, but shows where land Is available and a common theme in our market is that it's under $20,000 per acre typically. What are the prices in your market? Map and our zip code number of purchases and by zip code are below. I'd love to see your market if you have access to the data. We typically see these large land tracts turn into the subdivisions for new construction spec homes. 

Zip Code	Zip Code  (Transactions last 3 years)	Price Per Acre (Average)
43050	13	15756.75
43055	13	7925.00
43015	11	24501.67
43031	11	20625.00
43074	11	17135.37
43130	10	6701.00
43040	9	18918.20
43062	7	25000.00
43023	7	18650.00
43315	7	8150.00
43064	6	25000.00
43026	6	21835.50
43113	6	17527.33
43103	6	13376.00
43110	5	44944.33
43334	5	12000.00
43011	5	10000.00

[Josh Bowser]

Quote from @Kreg Thornley:

Here are the AI results I got for Atlanta:

Metro Atlanta Table: Estimated Land Transactions (50+ Acres, 45-Mile Radius)

| Zip Code | Transactions Last 3 Years | Price Per Acre (Average) |

| 30213 | 12 | $55,000.00 |

| 30253 | 11 | $60,000.00 |

| 30281 | 10 | $58,000.00 |

| 30263 | 9 | $35,000.00 |

| 30214 | 8 | $40,000.00 |

| 30135 | 8 | $45,000.00 |

| 30116 | 7 | $32,000.00 |

| 30215 | 7 | $42,000.00 |

| 30236 | 6 | $50,000.00 |

| 30228 | 6 | $48,000.00 |

| 30127 | 5 | $38,000.00 |

| 30180 | 5 | $30,000.00 |

Zip Codes and Locations:

30213 (South Fulton): A growth hotspot near I-85, popular for residential development.

30253, 30281 (McDonough, Stockbridge - Henry County): Major areas for spec home subdivisions, with high demand.

30263 (Newnan - Coweta County): Farther out (35-40 miles), more affordable land.

30214 (Fayetteville - Fayette County): Growing but slightly pricier due to established communities.

30135 (Douglasville - Douglas County): West of Atlanta, seeing steady large-tract sales.

30116 (Carrollton - Carroll County): Outer ring (40-45 miles), lower prices.

30215 (Fayette County): Similar to 30214, with moderate growth.

30236, 30228 (Jonesboro, Hampton - Clayton/Henry Counties): Southside growth areas.

30127 (Powder Springs - Cobb County): Northwest, moderate activity.

30180 (Villa Rica - Carroll County): Outer edge, affordable for large tracts.

 This is awesome