I have already installed 6" water lines in front of each of the lots.
I have already installed power poles to every lot.
I have installed a 26' wide road base driveway.
20 acres that are now 18 (1 acre) unzoned lots.
I need to pay off $330,000 and borrow another $250,000 to complete the subdivision.
Total loan $580,000
The 18 lots sell each for $80,000 = $1,440,000 in value.
County appraisal and comps are at $80k+
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