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ACQUISITION CRITERIA

MAS Development Land Acquisition Criteria

Size: 15 AC – 200+ AC (preferably useable acreage)

Product Type: 

  • Single-Family detached

  • Single-Family attached (Townhomes)

  • Villas

  • Cottages

  • Residential Master Plan Developments (Mixed-Use)

  • Climate Controlled Self-Storage Facilities

Proposed Density: 3 – 8 dwelling units per acre 

Market Criteria: 

  • Location: Infill, suburban, rural

  • Close to or on main roads with over 10,000 AADT

  • Annual Employment Growth of at least 2% in market/submarket

  • Annual Population Growth of at least 2% in market/submarket

  • Markets with major infrastructure expansions/ improvements

  • Within a 45-minute driving radius of major MSA’s 

  • Population: At least 30,000 people within a 3-mile radius

  • Median Household Income: at least $50,000 within a 3-mile radius

  • School Rating: B+ ratings School districts

  • Low Crime rate market/submarket

  • Minimum Average Home Sales Price of $300,000

Property Criteria:

  • Easy ingress/egress

  • Dry Land

  • Healthy soil conditions

  • No/minimal flood plain

  • No/minimal wetlands

  • Utilities nearby (water/sewer)

  • Ability to rezone, if necessary

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