Undevelopable land means areas that cannot be used practicably for a habitable structure because of natural conditions, such as slopes exceeding 25 percent, severe topographic relief, water bodies and floodways, or conditions that isolate one portion of a property from another portion so that access is not practicable ...

What does it mean when land is not buildable?

To a tax assessor, “unbuildable” typically means that there is no apparent legal way to build on a lot due to regulatory issues – primarily zoning. For example, the lot may be too small for a legal home or commercial building under current zoning.

How do you value unbuildable land?

Research recent sales of unbuildable vacant land with similar characteristics in the area. Since you might not find a parcel of the exact same size, use the price per square foot or price per acre of land to establish a benchmark that you can use for valuing your property.