Reinvesting in North Carolina

Received an offer from us in the mail? Enter your reference number to respond.

About mailed offers: We calculate offers based on public data. There are things we do not know about your property. This offer was made based on the data available to us. Errors in data or information unavailable to us may cause offers to be incorrect. If you believe we made a mistake, please let us know.

2020

Operating Since

300+

Transactions

Redevelopment

Projects

Land Entitlement

& Development

How we build an offer

How we find the value

We pull comps from nearby recently-sold properties, weighing their condition against yours. Recent sales only, because time moves value.

Why costs vary

Rehabs always turn up unexpected overages you can't see until the walls are open. Bigger houses need more material, and higher-end finishes cost more per square foot.

Why we profit

Emerald is a for-profit company. We buy properties with room to add value through construction. If a house is already fully updated with no value to add, list it with a realtor instead - you'll net more.

The house math

This is just an example for educational purposes. Every situation is different. Call us for your offer.

Your property's value in excellent condition

$200,000 $300,000 $600,000

Repairs & updates (materials, labor, permitting, etc) needed to get your property into excellent condition

$0 $45,000 $150,000

Approximate offer, reconstructed from every cost of buying, rehabbing, and reselling
Your property's value in excellent condition	$300,000
Realtor costs (6% of value)	-$18,000
Total closing costs (purchase and resale)	-$5,000
Repairs & updates	-$45,000
Holding costs (taxes, insurance, utilities, lawn care)	-$9,000
Unexpected overages / contingency	-$4,500
Company profit	-$24,000
= Approximate Offer	$194,500

The land math

Most raw land does not produce anything until it is buildable. These are just some of the costs and steps in a land or development deal.

Before a deal even makes sense

Major due-diligence costs come first: soil sample testing, surveys, preliminary site plans, and a title search.

If it's a development project

Rezoning (if applicable), infrastructure plans for water, sewer, electricity, and stormwater, DOT plan and approval, and an approved site plan, all before breaking ground.

Making it buildable

The land has to be cleared and graded, with water, sewer, electricity, and stormwater infrastructure built.

Timelines

Development projects run roughly 6-18 months depending on size. Smaller projects close much sooner: single infill lots, teardowns, and similar can close in 2-4 weeks depending on clear title, soils, and other checks.

An offer on raw land prices in everything it takes to make that land buildable.

What our customers say about us

4.6 stars (59 reviews)

How it works

Tell us about the property

Two-minute form, five-minute phone call. We listen, we ask questions, we understand what you're working with.

We talk numbers

How we got to our number, what you think it's worth, whether it works for you. No pressure if it doesn't.

Close when you're ready (houses)

Cash, no repairs, no showings, you pick the timeline. Fast if you want fast, slower if you need time.

Close on your timeline (land)

Development project timelines vary: expect anywhere from 2-4 weeks for small projects to 6-18 months for large development projects.

Renovation Project Highlights

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The team behind Emerald Holdings

We're located in Charlotte, North Carolina, investing statewide with a focus on Charlotte and the surrounding area, the Triangle, the Triad, and Wilmington.

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