This reclaimed flood plain 300-acre tract project is 100% in the 100-year flood plain. The project included purchasing the land, rezoning the property, re-engineering the flood plain, and selling the parcel shovel ready to builders/developers in 18 months.
Purchase Price: $3,000,000
Reclamation Cost: $3,000,000
Projected Sale Price: $30,000,000
Projected Profit: $24,000,000