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Bill, since what we are talking about is a subdivision (although small), maybe you can use subdivision analysis. Look up the article "Subdivision Analysis" by Chris Ponsar, MAI. This might be useful for you to see how the income approach to land valuation might work in your case. The developers have already probably done something like this and have a number for you in mind, (obviously advantageous to them!). Or, since big money is at stake, maybe you should hire a professional appraiser, not simply an agent to get a free valuation. Glenn
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