Mark Horner

23 Construction

237210 Land Subdivision

This industry comprises establishments primarily engaged in servicing land and subdividing real property into lots, for subsequent sale to builders. Servicing of land may include excavation work for the installation of roads and utility lines. The extent of work may vary from project to project. Land subdivision precedes building activity and the subsequent building is often residential, but may also be commercial tracts and industrial parks. These establishments may do all the work themselves or subcontract the work to others. Establishments that perform only the legal subdivision of land are not included in this industry.

Average Jobs Employed 9
Average Loan Given $108,084
Number of Loans Given 3472
Total Amount Loaned $375,266,179

Constructing buildings, for sale, on lots they subdivide are classified based on the type of construction project, in Industry Group 2361, Residential Building Construction, or Industry Group 2362, Nonresidential Building Construction;

Installing roads on a subcontract basis for land subdividers are classified in Industry 237310, Highway, Street, and Bridge Construction;

Installing utilities on a subcontract basis for land subdividers are classified in Industry Group 2371, Utility System Construction;

Preparing land owned by others for building construction are classified in Industry 238910, Site Preparation Contractors;

Constructing buildings, for rent or lease, on lots they subdivide are classified in Industry Group 5311, Lessors of Real Estate;

Subdividing and servicing land for cemetery development are classified in Industry 812220, Cemeteries and Crematories.

Legal subdivision of land without land preparation are classified elsewhere in the classification system based on the primary activity of the establishment.