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Discuss Where to build new lot??? in the General Mangers & Dealer Principals forum at Car Dealer Forums; We are looking into developing a new 3 acre lot, and I wanted to get ...
  1. #1
    Junior Member
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    Feb 2010
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    Default Where to build new lot???

    We are looking into developing a new 3 acre lot, and I wanted to get some other's opinions on which aspects of a new location would be most important. Between frontage, corner vs. mid-block, vicinity to other big dealers, vicinity to major intersections, and price, which do you think would be the most important factors to consider and why? For a more detailed description of what were looking at, see below...


    We have three locations in mind with different benefits/drawbacks and pricing, all are on the main drag through town.

    The first is mid-block (not on an intersection) midway between all the big dealerships in town and the busiest intersection in town; it has less frontage but it is also the cheapest at $6/sqft.

    The second location is on an intersection, one mile from the busiest intersection in town, but a ways from all the other big dealers. It has good frontage, but also the most expensive lot at $15/sqft.

    The third lot is right in with all the other dealers, on a major intersection, but a long ways from the busiest intersection in town. Frontage is good, and the price is $11/sqft.

    so which lot would you buy to develop?


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  2. #2
    Junior Member
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    Dec 2011
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    Default

    I'm not interested here. Keep it up.

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