raw land

raw land

Land with no improvements,no infrastructure, and no grading or site development.
References in periodicals archive ?
Ltd and FGEHF, the cost of raw land for 3,000 kanals is Rs 950,000/ per kanal.
The contract includes works that could be all kinds of municipal engineering works involved in raw land development but also bigger and new construction of streets and park areas.
The cause of the uncertainty was the medium of exchange: OREO, 13 pieces of raw land Metropolitan had repossessed in connection with failed loans.
The ongoing impacts also include the effect of increased property taxes, based on the difference between the value of raw land and the value of a completed housing unit on a finished lot, assuming that raw land would be taxed at the same rate as the completed housing unit.
Simply put, our objective is to purchase properties In prime locations that produce high returns on the investment, whether ifs buying a piece of raw land, rezoning it and building it out or finishing a project that's already 70% complete," said Maurice Hornblass, HornRock Properties principal.
Raw land has been very difficult to sell in this environment, but Situs had the reach to find a buyer that was able to close a tough sale.
Property also available with over 2 acres of raw land.
In place after place, as we try to help leaders think and plan in these big picture frameworks, I find that officials usually think of the environment as context, a backdrop, just raw land.
1992), rev'g TC Memo 1990-296, several investors set up Mesquite East (ME), a partnership, to purchase raw land.
Rick Hamilton, a commercial broker at Cushman-Wakefield's Irvine office, says that raw land zoned for industrial purposes goes for $15-20 per square foot, while office space goes for $30-40 per square foot, multifamily apartments would fetch $60-70 per square foot, and high-rise condominiums up to $110-120 per square foot.
Within the corporation each division operates as a separate profit center; one division will be responsible for acquisition of the raw land and lot creation, and the other division will purchase the finished lots (reportedly at market) and be responsible for house building and sales to home owners.
Addressing the concerns, Airport Market Area Task Force Chairman Dr Edward Nicholson said: "until this kind of infrastructure is addressed, including utilities, we're not going to see developers invest in raw land around here.