Bay Park 5 Acres $195k

[Anonymous]

Can’t the parcel be broken and sold to Houses surrounding it. So they can just use it for there backyards officially.
80K X 4 homes..should be good for a quick profit.
Just a dumb question. If that was your million $ ticket, buy me a beer, I am happy..

[surveyor]

flat earth

There are regulations in the development code that specify how many houses you can put into a property that has a certain amount of slope. Based on looking at it, I can guess that there is probably space for only one house (that is how badly the slope shows up when I look at the topographic maps). With that and the access issues, I find it difficult to see how this place can be developed.

As for breaking it up into parcels and then selling it to the houses surrounding it, there are several problems with that.

1) Who wants to buy land that is essentially useless because of the slope issues

2) The existing landowners surrounding the parcel already have a fairly large amount of useless slope in it.

3) Assuming that the property was able to be divided (big if), why would anyone want to increase the amount of land they have and increase their property tax basis?

I know a lot of people will look at the location and start thinking, hey, something can be done with it. It’s what we surveyors call the flat earth tendency. It looks nice now, but when you start doing the due diligence, the surveying, the engineering, it begins to lose its luster.

[surveyor]

flat earth

There are regulations in the development code that specify how many houses you can put into a property that has a certain amount of slope. Based on looking at it, I can guess that there is probably space for only one house (that is how badly the slope shows up when I look at the topographic maps). With that and the access issues, I find it difficult to see how this place can be developed.

As for breaking it up into parcels and then selling it to the houses surrounding it, there are several problems with that.

1) Who wants to buy land that is essentially useless because of the slope issues

2) The existing landowners surrounding the parcel already have a fairly large amount of useless slope in it.

3) Assuming that the property was able to be divided (big if), why would anyone want to increase the amount of land they have and increase their property tax basis?

I know a lot of people will look at the location and start thinking, hey, something can be done with it. It’s what we surveyors call the flat earth tendency. It looks nice now, but when you start doing the due diligence, the surveying, the engineering, it begins to lose its luster.

[surveyor]

flat earth

There are regulations in the development code that specify how many houses you can put into a property that has a certain amount of slope. Based on looking at it, I can guess that there is probably space for only one house (that is how badly the slope shows up when I look at the topographic maps). With that and the access issues, I find it difficult to see how this place can be developed.

As for breaking it up into parcels and then selling it to the houses surrounding it, there are several problems with that.

1) Who wants to buy land that is essentially useless because of the slope issues

2) The existing landowners surrounding the parcel already have a fairly large amount of useless slope in it.

3) Assuming that the property was able to be divided (big if), why would anyone want to increase the amount of land they have and increase their property tax basis?

I know a lot of people will look at the location and start thinking, hey, something can be done with it. It’s what we surveyors call the flat earth tendency. It looks nice now, but when you start doing the due diligence, the surveying, the engineering, it begins to lose its luster.

[surveyor]

flat earth

There are regulations in the development code that specify how many houses you can put into a property that has a certain amount of slope. Based on looking at it, I can guess that there is probably space for only one house (that is how badly the slope shows up when I look at the topographic maps). With that and the access issues, I find it difficult to see how this place can be developed.

As for breaking it up into parcels and then selling it to the houses surrounding it, there are several problems with that.

1) Who wants to buy land that is essentially useless because of the slope issues

2) The existing landowners surrounding the parcel already have a fairly large amount of useless slope in it.

3) Assuming that the property was able to be divided (big if), why would anyone want to increase the amount of land they have and increase their property tax basis?

I know a lot of people will look at the location and start thinking, hey, something can be done with it. It’s what we surveyors call the flat earth tendency. It looks nice now, but when you start doing the due diligence, the surveying, the engineering, it begins to lose its luster.

[surveyor]

flat earth

There are regulations in the development code that specify how many houses you can put into a property that has a certain amount of slope. Based on looking at it, I can guess that there is probably space for only one house (that is how badly the slope shows up when I look at the topographic maps). With that and the access issues, I find it difficult to see how this place can be developed.

As for breaking it up into parcels and then selling it to the houses surrounding it, there are several problems with that.

1) Who wants to buy land that is essentially useless because of the slope issues

2) The existing landowners surrounding the parcel already have a fairly large amount of useless slope in it.

3) Assuming that the property was able to be divided (big if), why would anyone want to increase the amount of land they have and increase their property tax basis?

I know a lot of people will look at the location and start thinking, hey, something can be done with it. It’s what we surveyors call the flat earth tendency. It looks nice now, but when you start doing the due diligence, the surveying, the engineering, it begins to lose its luster.

[SD Realtor]

Well nostra –

You got the answers! Sorry but I was off line today. My first guess would have been landlocked. Second guess was mitigation land as well. The two best buyers would be either neighbor.

SD Realtor

[SD Realtor]

Well nostra –

You got the answers! Sorry but I was off line today. My first guess would have been landlocked. Second guess was mitigation land as well. The two best buyers would be either neighbor.

SD Realtor

[SD Realtor]

Well nostra –

You got the answers! Sorry but I was off line today. My first guess would have been landlocked. Second guess was mitigation land as well. The two best buyers would be either neighbor.

SD Realtor

[SD Realtor]

Well nostra –

You got the answers! Sorry but I was off line today. My first guess would have been landlocked. Second guess was mitigation land as well. The two best buyers would be either neighbor.

SD Realtor

[SD Realtor]

Well nostra –

You got the answers! Sorry but I was off line today. My first guess would have been landlocked. Second guess was mitigation land as well. The two best buyers would be either neighbor.

SD Realtor

[nostradamus]

I knew it was too good to be true but I will look at the neighboring houses as suggested.

Thanks to all for your valuable input.

[nostradamus]

I knew it was too good to be true but I will look at the neighboring houses as suggested.

Thanks to all for your valuable input.

[nostradamus]

I knew it was too good to be true but I will look at the neighboring houses as suggested.

Thanks to all for your valuable input.

[nostradamus]

I knew it was too good to be true but I will look at the neighboring houses as suggested.

Thanks to all for your valuable input.

[Author]

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