Property Taxes & Subdivision

Can anyone assist with this question?

How does one consider the property taxes on a property that is to be subdivided? Current property taxes are 30K. But there is no information as to what the taxes will be for the facility once it is subdivided, nor is there any information on how large the parcel will be once subdivided.

How would you run numbers for a deal like this? You can guesstimate, but it still feels a bit risky to me because that can make or break a deal. Any insight?

2 comments