LAND AUCTION
Maybe one of the greatest asset classes to own is raw undeveloped land. Low taxes help maintain a manageable overhead.
Here are the Numbers…
Project Type:
Land Flip
Purchase Price: $4,000
Total Investment: $4,800
Sales Price: $8,500
Gross Profit: $3,700
ROI: 43.5%
Timeline: 18 Months
The Challenge & Strategy
Acquired a wooded, non-conforming "paper street" lot at a municipal auction. The goal was a tactical resale by creatively marketing the lot's potential for recreational use, despite its development challenges.
Scope of Work & Value Created
Strategic Marketing: Initially marketed with an adjacent lot, then pivoted to a standalone sale at a reduced price to attract a buyer seeking a low-cost, low-due-diligence purchase.
Risk Management: Maintained minimal carrying costs to preserve profitability on a small-scale investment.
The Result
Successfully exited the position with a 43.5% ROI, reinforcing the discipline to pursue profitable exits even on smaller deals and providing a valuable lesson in land investment risk assessment