A builder is subdividing a 41/2-acre tract into 50' x 100' lots. After allowing 71,020 square feet for streets, into how many lots can the tract be divided?
I would really like someone that knows what their doing, and to work out the problem so I can get a better understanding of this!!
Thank you, your time is appreciated!!
2007-01-24 02:48:52 · 2 answers · asked by Still Standing 4 in Business & Finance ➔ Renting & Real Estate
4.5 acres x 43,560 (#of sf on an acre) = 196,020 SF - 71,020sf = 125000SF buildable area
125,000/5,000 (lot size 50 x 100) = 25 lots
I am an appraiser and deal with alot of subdivisions.
2007-01-24 03:01:36 · answer #1 · answered by tianaramal 4 · 2⤊ 0⤋
Scenarios: I purchase a $2,000,000.00 property income at $249,000.00 first year. $27,253.00 in expenses. need to figure the income for each year 1-5 if increase 3%. need to know the cap rate, and the discounted agter-tax cash flow projetions. please help
2014-11-29 10:26:30 · answer #2 · answered by Gladys 1 · 0⤊ 0⤋