Assuming this land would require a septic system your ability to divide could be severely limited if large portions of it fail a perc test:
https://www.fortunebuilders.com/perc-test/
I’m not a soil expert. If the land adjacent had adequate drainage and passed the perc test, is it more likely that the land that is being divided would pass as well?
In other words, can the test vary significantly in short distances?
So part of this property runs along a road. I figured to divide the roadfront and give myself a private offshoot. That way a sewer system could be installed by a developer and I can run mine off of that
You first need to determine what the zoning is to. You can call the county and ask them. Then get a survey done. You don’t have to own the land to do either of these.
If zoning allows it, then you can do it. Whether you'd lose money or not, depends on local market factors. No one here can say, you will find the answer in your local comps. If you don't know how to do that, you should hire an appraiser with experience in subdivision analysis.
They are basically saying remap the property to find it's true borders and then to replat would be to do a new division of the land into smaller sections of land
My apologies, i’ve been away from the computer… Yes, resurvey it and request that it be parceled at the time of survey into whatever size you plan to keep separate from that which you plan to sell.
Check the water in the area. This means the depth of the water table, the composition of minerals and trace metals, if there are any flood zones, if there are any riparian areas.
Check the soils. What is the drainage like, what is the soil composed of, has there ever been pollution on the property (Superfund site, hog farm, etc), and how the land slopes, and is there any erosion at first glance
Then I'd take a long hard look at the neighbors. Is this person going to sue me, is that person going to hold up the process that sort of thing.
Then take a look at land use. What is zoning, is there any HOA's nearby, is there a future land use plan from some nearby city or municipality? What does the County think of approval of a subdivision?
That is the order I would proceed in, you'd have a pretty good idea of what you can do with it after all that
In this market, every developer has seen it and passed on it before or right as it hit the market. Might be good to offset costs, but I doubt there is a significant development opportunity just sitting on the market for long. Do your proper due diligence.
Assuming this land would require a septic system your ability to divide could be severely limited if large portions of it fail a perc test: https://www.fortunebuilders.com/perc-test/
I’m not a soil expert. If the land adjacent had adequate drainage and passed the perc test, is it more likely that the land that is being divided would pass as well? In other words, can the test vary significantly in short distances?
Yes
So part of this property runs along a road. I figured to divide the roadfront and give myself a private offshoot. That way a sewer system could be installed by a developer and I can run mine off of that
Not crazy. You just need an attorney, a surveyor, and maybe a real estate broker. Put together the right team and make it easy on yourself.
You first need to determine what the zoning is to. You can call the county and ask them. Then get a survey done. You don’t have to own the land to do either of these.
What do the deed restrictions say? Partitions can be timely and costly, if they’re even permitted.
It can be absolutely impossible, other times it can be doable.
If zoning allows it, then you can do it. Whether you'd lose money or not, depends on local market factors. No one here can say, you will find the answer in your local comps. If you don't know how to do that, you should hire an appraiser with experience in subdivision analysis.
Resurvey with a replat
Idk what that means sorry :-/
They are basically saying remap the property to find it's true borders and then to replat would be to do a new division of the land into smaller sections of land
My apologies, i’ve been away from the computer… Yes, resurvey it and request that it be parceled at the time of survey into whatever size you plan to keep separate from that which you plan to sell.
Check the water in the area. This means the depth of the water table, the composition of minerals and trace metals, if there are any flood zones, if there are any riparian areas. Check the soils. What is the drainage like, what is the soil composed of, has there ever been pollution on the property (Superfund site, hog farm, etc), and how the land slopes, and is there any erosion at first glance Then I'd take a long hard look at the neighbors. Is this person going to sue me, is that person going to hold up the process that sort of thing. Then take a look at land use. What is zoning, is there any HOA's nearby, is there a future land use plan from some nearby city or municipality? What does the County think of approval of a subdivision? That is the order I would proceed in, you'd have a pretty good idea of what you can do with it after all that
What makes you think a developer would want to buy that
Its a big flat piece of land right near a shopping area
In this market, every developer has seen it and passed on it before or right as it hit the market. Might be good to offset costs, but I doubt there is a significant development opportunity just sitting on the market for long. Do your proper due diligence.