Raw land acquisition on the Third Ring Road
Overview

A large parcel of raw land on Madinah's Third Ring Road. Raw land on the main ring roads varies widely in value depending on the direction of urban growth, the permitted use and upcoming projects nearby. The challenge was building an accurate valuation that reflected the land's actual and future value, not just its apparent market price.


ServiceReal estate acquisitionTimeline3 monthsYear2023

I studied the macro economy, visited the site and built an opportunity file with three use scenarios, each with an estimated return and payback period.

Result:

The deal closed at SAR 41 million. The investor entered with full conviction because every question he could raise had already been answered in the file.


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Acquisition of raw land on the Third Ring Road worth SAR 41 million | Anas Aldajan