|
Land Banking can be accomplished
with any undeveloped, pre-developed,
or undervalued land that is located
in the path of growth. Land
values increase because of specific
growth events such as rezoning or
the identification of certain land
parcels for future commercial or
residential development. For this
reason, typically the most
successful Land Banking is achieved
by purchasing pre-developed land in
the direct growth path of a major
metropolitan area; holding it for a
period of time; and then selling it
to a developer for a significant
profit.
Location, Location, Location
Location is
absolutely essential to a
successful Land Banking
strategy. Land Bankers do not
develop the land themselves;
instead, increased land values
are a direct result of
surrounding market demand, and
that demand depends a lot upon
the desirability of the
location. Desirable land is
often located close to available
jobs, growing residential areas,
commercial development, and
major transportation corridors.
Researching local history,
zoning designations, and
economic trends can provide
invaluable information for
predicting future growth
patterns.
The Path of Development
State,
county, and local governmental
agencies designate specific
growth paths in order to plan
for future water, power and
transportation needs. As cities
expand, more land is needed for
residential developments,
industry, commercial centers,
and roadways. The direction of
this growth indicates the
projected path of development.
Land Banking along these paths
typically yields the highest
returns for investors.
Research
The path of
development is dynamic and
depends on many factors.
GreenDeedTM
Land
Banking Specialists identify
desirable land by looking at all
the key factors. Some of these
indicators include demographic
patterns, migration patterns,
housing patterns, government
regulation and zoning, economic
growth, environmental conditions
and pressures, geographic
considerations, as well as
public and private investment
patterns. GreenDeedTM
Land Banking
Specialists clearly understand
all of these factors and
indicators, and they can even
predict the projected patterns
and directions of these
variables through careful
research.
A Focused Market
Because of
the ongoing extensive research
required for successful Land
Banking, many Land Banking
Specialists and support
professionals focus upon one
specific market. Markets are
identified by projected growth
potential and past performance.
Just as real estate agents
become experts in specific
demographics, GreenDeedTM
Land Banking
Specialists also become very
knowledgeable regarding the
particulars of a specific path
of development.
ACE Capital
Group
focuses primarily on purchasing
land within a “60 mile radius”
from the center of downtown Los
Angeles. Our team of GreenDeedTM
Land
Banking Specialists concentrates
exclusively upon an area in
northeast Los Angeles County and
western Kern County called the
Antelope Valley where all of the
key indicators for massive
projected growth are currently
present.
x close window
|
