Quick proforma: Assume you are buying 30 acres at $100,000 each with an expected yield of 4 lots per acre and 1% closing costs. On-site lot development costs approximate $82,000 per lot; Offsite costs (sewer and electric) total $1,300,000. Marketing and admin should be about $500,000. What would your break-even price per lot be (ignoring financing and other costs), rounded to nearest thousand? $122,000 $97,000 $112,000 $137,000