Creative Property Acquisitions
Subdividing Large Plots of Land
How We Help
Subdividing large plots of land
Agur Foundation can help determine the number of acres needed for churches considering large plots of land and convert the remaining acres into a subdivision. The net proceeds often reduce the amount of financing necessary for the construction of the new facility.
Life Fellowship Church of Frederick, Colorado, is an appropriate example of this process.
Client Case Study: Life Fellowship Church
Frederick, Colorado
Life Fellowship of Frederick owns a 40-acre plot of land but only requires 10 acres for their sanctuary and associated ministry buildings. Agur Foundation is assisting church leadership in acquisition of water and in the process of entitlement Those should result in the church creating a 30-acre parcel that will be sold to a developer or builder. The funds from the sale of the thirty acres will help the church in reducing the debt they will need for permanent financing of the church.
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