Want to buy land for a medical clinic
I have an office with a current lease that is not going to expire for another 2 years.

I want to buy some empty commercial real estate and let it sit empty for a year or so until I'm ready to build a new clinic from scratch.  

I would rather buy the land now rahter than wait because the prices are constantly escalating and 2 years from now it will be a lot more expensive.

I did a cursory search online and there's several pieces of land available for commercial development but they are in huge parcels of 20-50 acres!  I only need 0.5-1 acre at the most.  Do commercial real estate developers split up those parcels so I can just buy a small amount or am I going to have to come up with a bunch of business partners to buy the entire thing?

I really don't want to take on the risk of buying 20 acres when I only need a small fraction of that.
[{"id": "fnv2s21", "text": "Where is the location that you are interested to buy in?", "replies": [{"id": "fnv3cte", "text": "North of Dallas, Texas", "replies": [{"id": "fnwdwmx", "text": "If you are in the Plano area or further north then there should be a number of lots in the .5-2 acre range.  I will say if you are looking at Medical one of the largest constraints is parking. Most municipalities require a 4/1000 minimum ratio so factor that into you land calc.  Also make sure you are being conscious of set backs because depending on how the lot is situated you may only be able to build on a fraction of the parcel.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fnv3ji3", "text": "You\u2019re going to need the full 2 years to start the process with zoning, entitlements, permits, plus construction and finish out, etc.. best to work with a commercial broker. They are compensated by seller.", "replies": [], "depth": 1}, {"id": "fnvn5hg", "text": "In some locations, where smaller tracts are hard to find, you may be well suited to team with a developer that can take a larger tract and subdivide your parcel to help float the residual acreage. DM me if you'd like a referral in the Dallas area that may be able to point you in the right direction (no promises).", "replies": [], "depth": 1}, {"id": "fnvzdcd", "text": "I would partner with a developer who specializes is building and managing MOBs. Development is one of the most complicated endeavors is real estate and MOBs come with a slew of additional complexities. \n\nI'm assuming you are a physician and don't necessarily have a background in ground up development of commercial properties. How would you react to a real estate investor assuming they could perform whatever services you provide in a reasonable way? I'm sure they could \"figure it out\" and maybe get the job done, but not as good as if a true professional did it like yourself.\n\nI'm not saying you aren't art enough or capable, you're just not a pro. \n\nI would partner with a firm first after speaking with several before you buy any land as you don't want to buy the wrong piece of dirt. \n\nThis way you mitigate a ton of the development risk but can still build your own MOB and have a nice asset for yourself and your business. \n\nSource: invested in 12 MOBs in 7 states and have assisted a physician in a similar situation to develop their own 30,000.sqfr building by connection them with a skilled developer.", "replies": [], "depth": 1}, {"id": "fnwwna5", "text": "I have just finished an appraisal for a veterinary hospital wherein a group of veterinarians bought land, went through the entitlement process and hired a contractor to build a clinic.\n\nIf you're not finding any physicians/peers willing to provide you with advice try reaching out to other medical practitioners. \n\nOf course, when the rubber meets the road, hiring a broker with medical experience is crucial to your success. In my experience they will save you time and money.", "replies": [], "depth": 1}, {"id": "foufk63", "text": "I have something just like this in Nashville.", "replies": [], "depth": 1}]