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Calculator

What is the land under your building worth? Run it.

The same math we run on real deals, live: ground rent at 25–33% of stabilized NOI, capitalized at roughly 6.25–6.75%. Enter the NOI, pick the asset type, and see the indicative land value, the rent, and the coverage — then send the address for the real number.

The calculator

Three inputs. Your land value, live.

The same math we run on real deals: ground rent at 25–33% of stabilized NOI, capitalized at a ground-lease rate of roughly 6.25–6.75% (housing at the tighter end). Illustrative and non-binding — the real number needs the address.

Questions, answered

FAQ.

How is the land under a building actually valued?

Off the income, not the dirt: ground rent is sized at 25-33% of stabilized NOI (leaving 3-4x coverage), then capitalized at a ground-lease rate of roughly 6.25-6.75%. On $1M of NOI that is roughly $3.7-5.3M of land value — typically 30-40% of the property's total value.

Why is the calculator a range and not a number?

Because the real inputs — income durability, market, asset type, the deal's total value — move the rent percentage and the cap rate within their bands. The range is honest structural math; the single number requires the address and underwriting.

Is the result an offer?

No — it is illustrative structural math, non-binding. The real indication comes from sending the property: address, stabilized NOI, and the debt picture.

What makes the land value higher or lower within the range?

Durable income, housing assets, and strong markets push toward the tighter cap and higher value; volatile income and thin coverage push the other way. The property's total value caps the practical answer — land above roughly 40% of total value gets hard to finance above it.

Get your number

The range is free. The real number is too.

Send the address, the stabilized NOI, and the debt picture — the underwritten indication comes back fast, non-binding, as principal or arranged capital.

Email us the property