how do you set a price on the land you want to sell?

In Selling Property - Asked by Maggot B. - Aug 27, 2017
Report Abuse
Answer this Question

Answer(s)

Shunji M.
Owner/Investor
Albuquerque, NM

Cap rate

Aug 27, 2017
Report Abuse
Frank A J.
Broker/Agent
Salvo, NC

Location - Location - Location and recent Sold Comps....see www.OuterBanksRealEstate101.com...FRank A Jakob, Broker Realtor 25+ yrs experience...

Aug 28, 2017
Report Abuse
Juanita A.
Broker/Agent
Hallandale, FL

Hello, for land, probably highest and best use...you need a knowledgeable broker that specializes in land, knows the area, and is familiar with zoning, land use restrictions, upcoming changes to these, upcoming projects around the land, etc.

Aug 28, 2017
Report Abuse
Mitchell S.
Broker/Agent
Bayside, NY

Hi, to list a land for sale , you have to consider the lot size, the zoning , the FAR ,in order to know what could be built there and how much buildable Sqft is there allowed to build in that land plus location of the land.
If you have any further questions please call Rita Mahgerefteh for a Free Market Analysis. 917-500-7461
Prime Realty

Aug 28, 2017
Report Abuse
Blue B.
Broker/Agent
Corpus Christi, TX

Hire a local broker that will give you the information you need on your area

Sep 5, 2017
Report Abuse
Jeffrey B.
Developer
Westmont, NJ

If your property is in New Jersey simply call 609.980.5000

Sep 8, 2017
Report Abuse
Jim R.
Broker/Agent
Santa Clara, CA

You need to find comps in the area. Either talk to local brokers who sell land or go to the county records department and search for sale transactions or go to a title company and ask them for sale comps.

Oct 5, 2017
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question