Land is a Special Asset Class
Commercial land can require significant investment to render it useable – site plans, grading, services, infrastructure, landscaping, fencing, etc.
Development is a stringent and sometimes onerous process – municipalities getting ever more demanding.
Requires significant environmental review – environmental risks can come underground from neighbouring properties.
Potential major price fluctuations – no theoretical limits to values unlike building and other improvements that have established costs attached.
Can have many surprises during development process – see my case studies.
Contact me to learn more and have a confidential consultation.