180-Lot Springfield Development | Off-Market Land, Proven Exit, 70%+ ROI | JV
π LOCATION: Springfield, Ohio (1 Hour from Downtown Columbus)
π SITE SIZE: 27 Acres | 75% Usable | Flat Topo | No Floodplain
ποΈ TARGET YIELD: 180+ Detached Single-Family Lots (40βx120β)
Looking for a cash-flow-savvy equity partner or JV group to co-develop a high-yield, builder-friendly subdivision in Springfield, Ohioβmodeled after active takedowns in Bellefontaine by Maronda, Clayton, and DR Horton.
ποΈ Paper or Improved Exit Options Available
πΈ Modeled Return:
β Paper Lot Flip (12-month): 139% ROI
β Improved Lot Exit: 21.3% Annualized ROI | $4.5M Profit
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Builder-Backed Comps: Bellefontaine projects show exits at $57Kβ$69K/lot
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Same Builder Set Active Here: DR Horton, Maronda, Clayton
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40' Lot Acceptance: Efficient density @ 6.7 units/acre
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Land + Entitlements Cost: $840K Total
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Infrastructure Support: Up to $1.46M in public offset identified