Here's a new one for me. A non-profit asked me to appraisal a parcel in an abandonned subdivision, to determine what they should sell it for. The subdivision was platted in the early 90's (I think - county records are unclear). The 1st phase was developed. The 2nd phase was not - all the lots are vacant, no streets, no water, no sewer, no utilities of any kind. This is outside city limits, so the county has since rezoned it to 5 acre min. If you have 2.3 acres of existing parcels, you can build 1 SFR with well and septic. Over the last 15 years, a few people have started accumlating multiple lots to try and meet the 2.3 acre min. (each platted lot is 5,000-10,000sf). This appears to be the only market for the subject - neighbors trying to collect enough lots to build a home. Recreational use of the land is pretty sketchy - nice views, but no vehicular access at this time. I suppose you could camp on it, plant a garden (but with no water), thats about it. I've got a fair amount of market data, and a reasonable understanding of the neighborhood. But I would love to hear advice from someone who has appraised non-buildable lots. By the way, previous sales of other non-buildable lots in the development range from $441 at county tax auction to $10,800 for 9 lots from 1 neighbor to another. If possible, I don't want to charge the non-profit an appraisal fee that is more than the property is worth.