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2824 Manatee Avenue East

Bradenton, Florida 3420

Office: 941.792.2111

Toll Free: 1.800.522.7869

Fax: 941.747.9632

 

 

Land

Buying or Selling YOUR raw land can be an extensive process.  Take time to select a TOP Local Real Estate Commercial expert.

Purchasing and developing raw land is a method used by many to multiply the values of their real estate holding in the shortest possible time frame.  Although this area of real estate investing can be very lucrative, there are many pitfalls that you should try to avoid. Shopping for the lowest price per acre can have most devastating effect on your plans, as it is the yield of usable land that matters the most. Here are some helpful tips when purchasing raw land:
 
Know the total amount of money required to purchase your property.  The selling price or contract price is only a part of real property acquisition.  Once a sale price is agreed upon, you will have expenditures required to determine the suitability of the land for development, and the yield of lots or commercial pads after development. In most cases, the offer is conditioned upon an agreed to yield of potential lots.  You may want to speak to your Realtor about purchasing an option to purchase the land. He or she can explain all of the details. Here are some items you can expect to pay, but this list is by no means all inclusive:
1. Property Surveys
2. Environmental impact studies
3. Local, State and Federal permits, regulations and requirements
4. Engineering services for platting and utilities
5. Cost studies for actual development
6. Soil tests for septic systems
7. Old grave location
 
Once you know the potential yield, you need to determine the actual cost of development.  These expenses include but are not limited to:
1. Tree removal
2. Grading and clearing
3. Installation of streets including ingress and egress to existing roads
4. Installation of all utilities, gas, electricity, water, sewer, telephone, cable etc.
5. Traffic control devices and signage
6. Development of common areas such as parks or wetlands
 
You must be aware of these potential problems (and more) that affect yield before you make your offer:
1. Buried toxic or non-toxic waste
2. Old wells and septic systems
3. Cemeteries or old graveyards
4. Underground pipelines
5. Overhead electric transmission lines
6. Areas in the 100 year flood plain
7. Large percentage of underground rocks or boulders
8. Government or utility moratoriums on development
 
Ask us anything about Buying or Selling YOUR raw land in the Manatee County area.    It's completely FREE and we will respond quickly in a timely matter.  We want to help you. That's our GUARANTEE!





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Testimonials

My wife and I would like to take this opportunity to recognize Linda Johnston who is with the office at CENTURY 21 All Aces Realty. We had been trying to sell our house in Palmetto for approximately 2 years. Prior to being introduced to Linda, we had used two other real estate agents who were quite ineffective in getting people to look at the house. As soon as we spoke to Linda, we were impresses with her enthusiasm and determination. She immediately gave us ideas on how to list the house to attract prospective buyers. When one idea didn't work, she was innovative and determined to come up with new ideas. Her personality was refreshing and she was always professional. We felt as though we were her only client, although we knew she had others. It was a pleasure working with her and we would recommend her to any seller or buyer. Craig & Felicia Himes
My experience with CENTURY 21 All Aces Realty was remarkable, but my experience with my Agent, Matthew Rotondo was even better. Matt’s willingness to work with my wife and I was truly amazing. Matt took a true interest in our needs and wants as a young couple. Knowing we did not have the money to buy a home that needed lots of work, Matt made sure to find us a home that was move in ready. When it came time to close on our dream home, the house needed a new roof. Matt came through again, he was able to get us our dream home at price we could afford with a new roof. Matt is just a genuine good guy, I don’t know many agents that would actually come over and help you move and work in the yard. Thanks again Matt for helping my family get the house of their dreams. Richard and Lisa Glass
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©2015 CENTURY 21 All Aces Realty. CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC. Equal Housing Opportunity. Each office is independently owned and operated.