A vacant 0.79-acre land opportunity with utilities connected and a reported after-repair value of $550,000. The strongest angle is the combination of usable acreage, existing utility connectivity, and comparable sales ranging from $465,000 to $495,000—although the valuation should be independently confirmed for the intended land use and development potential.
The Numbers:• Reported ARV: $550,000, creating a substantial value target if supported by zoning, site feasibility, and a viable end use.• Comparable sales: $465,000 and $495,000, providing meaningful market support for the stated valuation range.• Repair estimate: $0 currently reported, so the primary investment diligence is likely land-specific rather than a conventional renovation scope.• Lot size: 0.79 acres, offering a meaningful footprint for evaluating development, resale, or other permitted uses.
Property Details:• Vacant land with utilities connected, which may reduce the complexity and potential cost of future site development compared with an unimproved parcel—but utility capacity and connection status should be verified.• Property condition, roof, HVAC, heating, foundation, parking, and year-built fields are not applicable or not established for this land asset.
Comp Support:Two supplied comparable sales closed at $465,000 and $495,000. Together, they support further investigation of the stated $550,000 ARV, but a land-specific valuation and highest-and-best-use analysis remain important before underwriting.
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.