FEASIBILITY
Possible 55+ community or First Time Homebuyer community with a land cost below Mesquite or St George that are both near the land offered. See maps. 15 minutes away from this site 190 age-restricted brand-new homes were sold in 2022 with base prices from the low 300’s to the high 400’s (and 166 in 2021). The recommended density for this site would put you at 322 single-family detached homes at completion. We also have a Zonda feasibility study showing the data to strongly support sales in this area.
For the right qualified builder, the owners will contribute the land to a Joint-Venture, which will reduce the builder’s upfront costs. The owners will also sell the land.