MSDB Properties LLC
Land Acquisition & DEVELOPMENT
Don’t Settle For Less
We are Land Acquisition and Development Specialists
We specialize in identifying, entitling, and acquiring land that has residential development potential. Once we identify a property that has development potential, we work with the property owner and begin the process of taking the property through the often complex and intimidating land use approval process.
Our goal is to realize the actual development value of a property. This means that once all development approvals are in place, the property will be “shovel ready” for the next phase of development and will have substantially more value than it did prior to receiving development approval. What does this mean for a property owner? In short, it means we can pay a property owner a higher purchase price at the closing table than if the same property was sold as-is without any approvals in place.
OUR COMMITMENT TO YOU
ALIGNED GOALS FOR OPTIMAL RESULTS
We understand that a property owner may have questions and concerns when deciding whether to sell their property. It is important to note that our interests are aligned with the property owner and as such we strive to create win-win situations. We are both seeking to maximize the value of the land, and as we maximize the value of the land by gaining the necessary development approvals, we can pay the property owner a higher amount for their property.
We realize that most property owners are unfamiliar with the complexities of the residential land use approval and development process, so our commitment to every property owner is that we will always operate with transparency and integrity. Additionally, property owners can be proud to know that their land will be developed in a way that provides housing for families for generations to come.
The process
Putting The Pieces Together
No two projects are the same, and each jurisdiction (city or county) will have its own regulations, policies, and timelines that dictate the entitlement and development process. When you work with us, you can be confident that your land is in good hands and that we will work alongside a team of experts who have extensive experience in the market where the project is located.
Property owners often want to know how long it will take before we can get the necessary approvals in place and close on the purchase of their property. There isn’t a one-size-fits-all answer to this question because each jurisdiction has its own processes and timelines. However, these representative stages and timelines can be used as a guide:
1) Contract Initiation (60-90 days)
Following mutual acceptance of the contract, we will begin our Feasibility Study. During the Feasibility Study, our engineering consultants will prepare layout options for the subdivision of your property. We will present the layout that maximizes your property’s potential to the Jurisdiction for review and comment in a “Pre-application Conference”. If necessary, layout changes will be made to satisfy any of the Jurisdiction’s concerns. It is through this process that we will solidify your property’s development potential.
2) Prepare Land Use Application (45-90 days)
Our engineering consultants, along with the rest of our team, will work to gather information from the site. This information, along with the layout, is considered the “Land Use Application” and makes up your property’s application for development. During this time, there will be a number of consultants on your property for various types of reviews that may include, but are not limited to, surveys, traffic studies, utility plans, drainage and erosion control, etc.
3) Application Deemed Complete (30-60 days)
Upon receipt of the application, the Jurisdiction will have 30 days to deem it complete. During this period, the Jurisdiction will review the application material to be certain they have received all items needed to properly review and approve the subdivision. If the Jurisdiction decides it needs additional information, the 30-day period may begin again.
4) APPLICATION APPROVAL (60-120 DAYS)
Once the application is deemed complete, the Jurisdiction will work towards approval of the subdivision “Preliminary Plat Approval”. Depending on the type of project, this process may include Hearings Officer Review, Planning Commission Approval, and/or City Council Approval.
5) Prepare Subdivision Engineering (45-90 days)
After preliminary plat approval, our engineering consultants will begin the project’s civil engineering. This is the development’s construction plans and it includes specific locations for the subdivision’s utilities and amenities.
6) ENGINEERING APPROVAL (45-120 DAYS)
The Jurisdiction will review the civil engineering plans and work with our engineers on the necessary changes. Following final approval of the plans, the Jurisdiction will hold a meeting with us, our construction contractor, and our engineering consultant to review the construction schedule and process. At this point construction can begin.
From Our Founders
Why Work With Us?
Thank you for taking the time to visit us. By being here, it probably means you’ve considered selling your land and you’d like to know how we may be of service to you. We often explain the value we provide with this analogy:
A raw diamond has inherent value as-is. However, a skilled diamond cutter can cut and polish that raw diamond in such a way as to substantially increase the value of the diamond. In land development, we substantially increase the value of your land by gaining approvals at each stage of the land use approval process.
Our commitment to every property owner is that we will work diligently to determine if your land is a “diamond” so that we can pay you a competitive market rate. In doing so, we will operate with honesty, integrity, and transparency so that we create a true win-win situation.
Thank you for placing your trust in us.
Sincerely,
Michael and Daniel
Get In Touch
If YOU’RE THINKING ABOUT SELLING YOUR LAND, WE’D LOVE THE OPPORTUNITY TO DISCUSS IT WITH YOU
Phone: (903) 884-LAND (5263)
EMAIL: msdbproperties@gmail.com