$500K for 87 Acres — Deal or Overpriced? (How to Comp Land Fast) | Dr. Dirt Office Hours Ep. 5
How do you tell if a piece of land is a deal or a trap? In Episode 5 of Land Office Hours, Dr. Dirt (Sam Rauchwarter of Blue Ox Land Company) breaks down an 87-acre Tennessee hunting tract listed at $500K, comps it against recent sold parcels, and lands on a verdict. Along the way: commercial vs industrial land and why it's a tough niche, adding value by clearing trees, how to find owner-listed land on Zillow, off-market marketing with mail, the subdivide play that can turn $1M into $2.4M, and how to finance land deals with little money down. 📍 Register / get the Zoom link: blueoxlandco.com/dr-dirt-office-hours 📑 Submit a parcel for me to underwrite live: blueoxlandco.com/submit-a-deal Live every week (all Central): Monday 6:00 PM · Wednesday 12:00 PM · Friday 9:00 AM CHAPTERS 0:00 Intro: what this is + a member's question 2:54 Commercial vs industrial land (an unpriced 270-acre parcel) 5:47 Why commercial land is a tough niche 13:51 Adding value by clearing land (the $20M → $25M play) 17:56 How to find land on Zillow (owner-listed, days on market) 22:18 Underwriting an 87-acre hunting tract for $500K 27:32 Comping it against solds (the Costco price-per-acre rule) 33:24 The verdict: overpriced by ~$2,000 an acre 35:45 More ways to find land (Land.com, driving for it) 40:06 Off-market marketing with mail + pulling lists 42:51 Spotting a subdividable parcel (road-frontage math) 47:32 The subdivide payoff: turning $1M into $2.4M 49:59 Sam's live subdivide deal (found on Zillow) 53:00 Funding fears & how to talk to sellers 1:03:35 Financing land with little money down 1:09:46 Handling sellers who overprice their land 1:15:13 Getting your reps in: just make the call 1:17:18 Wrap-up & session times #landinvesting #rawland #subdivide #landflipping #realestateinvesting

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