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Raw Land (powder) > Paper Lot (entitlement work done) > Blue Top (graded) > Finished Lot (Onsite/Offsite complete) - AJ in AZ

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Q: What does Paper Lots mean in terms of Land Development?
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What does a land development engineer do?

they eat lots of skittles


What is a Paper Lot in real estate?

A paper lot refers to undeveloped land that exists only on paper as streets and lots. Paper means that while it was planned and sometimes the plans were recorded, the development was never completed as shown on the plan and the paper lots and street don't really exist as such.For example, suppose a couple owns a few acres of inherited property and had a surveyor plot out a small subdivision. They recorded the subdivision plan in the land records. A few weeks later the real estate market collapsed. No lots were ever sold. Those lots could be referred to as paper lots and anyone who deals with real estate would know what was meant. There are different categories of paper lots and streets and they can sometimes create a legal quagmire.


What does Finished Lots mean in terms of Land Development?

Finished lots are lots which have all available public utilities in place. All roads are in to the standard of the municipality granting the subdividion and the lots have all been approved and recorded as a plat by the Auditor. They are ready to build on subject to the issuance of a building permit and payment of appropriate fees.


What is unplatted land?

It is unplatted because it does not appear in a subdivision plan that divides unplatted land into tracts, blocks or building lots for future development.


Why do some farmers near urban area sell their land for residential or commercial development?

Lots of money.


What is development property?

Development property is land and the encompassing buildings or lots on it, that is owned by a property development or real estate company. The land is set aside to be repaired or reshaped into a different business, organization, or residential function. Usually the land is barren or the current buildings will be torn down, with plans for new buildings to be built.


Is it a lot of paper or lots of paper?

Either is ok. Used that way, "a lot" or "lots" is a very informal expression for a large amount.


How can I purchase wholesale lots of land?

You can purchase multiple lots of land at once when buying from the company TGF Land Lots. This company specializes in selling lots of land and can help you buy the ideal amount of land.


How much land did Mt St Helen destroy?

lots of land was destroyed. along with killing LOTS and LOTS of people. =)


What did the Roanoke colony find when exploring?

land and lots of other stuff like lots of land


Land not fenced or divided into lots?

Land that is not fenced in or divided into lots is considered open range.


How much land is south of the equator?

lots of land