Development opportunity in Sacramento County

[Logan Vierstra]

I am talking with an owner of a property in the Sacramento area that wants to sell their property. It’s an acre and a quarter. Surrounding the property is a housing subdivision that has completely engulfed everything but this property and the one next to it. The developers built the tract as if they were assuming these lots would be built on one day. I think it’s a no brainer that these lots highest and best use is to finish the subdivision and build 4 more properties on this lot.

I’m looking to make some connections with some developers around the Sacramento area that I could pick their brain on how to start the process on this to see if there's room for profit.