Found out utilities coming after listing - sell now?

Land Investing
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I just closed on a property last week and already got an offer at my asking price. Sounds great, but there’s a catch.

The buyer seems really eager, which made me curious. I did some more digging and found out the county is planning to run utilities down that road within the next two years. Nothing official yet, but it’s in their long term infrastructure plan that I somehow missed during my initial research.

If utilities actually come through, this property could easily be worth double what I’m selling it for. But that’s a BIG if, and it’s at least two years out. Meanwhile, I’ve got a qualified buyer ready to pay my full asking price right now, which would give me a 60% profit.

Part of me thinks I should just take the win and move on to the next deal. The other part is kicking myself for not catching this sooner and wonders if I should hold it or at least raise my price.

What would you do? Sell now and take the sure profit, or hold out for the potential bigger payday down the road?

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I would take the win now and chalk this up to a learning moment. Best of luck!

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I agree with @dmlew24, take the win and be happy. If you really want to know if you made the correct decision, calculate out how many times you could turn over that 60% profit (compounded) in the next 2 years and see if it would be more than the BIG if of a two year hold. I’d be willing to be it would more profitable to turn the 60% over multiple times!

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Thanks for the input @dmlew24 and @johnm!

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