Check a site's residual land value against nearby land sales
For Developers · also Acquisition & investment teams, Appraisers & valuation, Lenders & debt funds
CompsFeasibility
Find comps for land sales near [address]: recent sales of development sites with $/SF of land, adjustments and the resulting range. Then feasibility for [address]: what can I build here, does it pencil and what is this land worth — and compare that residual land value with those land comps and the [asking price] asked.
- You give
- The address; the asking price
- You get
- Comparable sales with adjustments and the resulting range, in the assistant
- Then
- Feasibility — ask for it in the same conversation once step 1 is done
Investment committeeUse this workflow