The problem

Every lot looks good in the listing.

Builders don't lose money on houses. They lose it on lots — in the price paid, the site costs nobody scoped, and the exit comp that was never real.

Listing view

$180,000

Flat lot. Good school district. Listed as “ready to build.” Looks like a deal on paper.

LotAlpha project viability

NEGOTIATE

Closed sales support the product, but the current acquisition basis compresses return. Resize the plan or improve the basis before proceeding.

How it works

From lot to project decision in three steps

Drop in a parcel

Enter the address and your build program. LotAlpha geocodes the lot and starts a preliminary screen — not a survey or title search.

Read what the market supports

Closed sales, active competition, an area-supported build box, and a sales-supported exit range.

Test project viability

Pursue, negotiate, or pass based on product fit and builder economics at your acquisition basis.

See how a lot screen works

Product by workflow

Built around how builders actually buy land

Not a feature list — the five questions you ask between finding a lot and wiring earnest money.

Source

“Which lots are even worth a look?”

Lot Screener

Filter a market down to parcels that fit your product and price band.

Verify

“Can I actually build what I want here?”

Buildability Engine

Early constraint flags (flood, slope, utilities unconfirmed) — not a substitute for local diligence.

Underwrite

“What are the real numbers?”

Deal Underwrite

Closed-sale support, active competition, product fit, and builder economics.

Decide

“Does this project clear — or do I walk?”

Decision Sheet

Project viability at your basis, with exit and cost sensitivity.

Defend

“Can I get this funded and closed?”

Export & Share

PDF memo for a partner conversation. Not a substitute for lender underwriting.

Proof

One honest underwrite beats every adjective

Same memo chrome as Inbox: call, comps-idea exit, basis, directional profit, and top risks. Numbers below are illustrative — not a live parcel.

Directional

Comp confidence is low — fewer than four relevant closed sales. Economics may still clear pursue when flood and margin pass.

Acquisition memo

303 Highland Blvd, Little Elm, TX 75068

Call

PURSUE

Comps Idea Exit

$586,000–$642,000

Scenario at active competition · positive after costs

Basis

$180,000

Listed asking price

Projected net profit

$104,300

At active competition · not sales-supported

Build cost

$110/SF

3,000 SF plan

Confidence

Directional only

8 active · 5 pending

Closed-sale support is too thin for a firm pursue call. Treat ARV, profit, and the call as directional until more local sales are confirmed.

Top risks

The proposed plan exceeds the area-supported size band
Active builder competition is elevated
HOA/CCR: no association record found — that is not a confirmed ‘no HOA’; check title

Illustrative memo layout. Not a live parcel result, appraisal, or guarantee of profit.

Run your own lot →

Who it's for

Built for the people who put money into dirt

Builders & spec developers

You're evaluating lots weekly and every underwrite is a fire drill. LotAlpha gives you a repeatable screen — make offers faster, pass faster on deals that would have hurt you.

For builders →

Builder schools

Your students' first land purchase is the highest-risk decision of their career. LotAlpha gives them a real underwriting tool to learn on — and take with them.

Partner with us →

Land investors

Your edge is buying below residual value and selling to the builder who can see it. LotAlpha quantifies both sides of that trade on every parcel you look at.

Development feasibility →

Builder school partnerships

Give your students the tool the industry doesn't teach.

Classroom licenses, a lot-underwriting curriculum on real local parcels, and graduate pricing so students keep the tool when they start buying.

School partnership details

Pricing

Need custom volume, school licenses, or a larger team? See full pricing.

Run your first underwrite free.

Three free underwrites. No credit card. Know what the dirt is worth before you buy it.

Underwrite a lot

Know what the market supports before you commit to the lot.