In those cases what I’ve seen is as long as the land stays farm land, it is taxed at a low farmland rate, and the moment that the land is subdivided and sold ho

In those cases what I’ve seen is as long as the land stays farm land, it is taxed at a low farmland rate, and the moment that the land is subdivided and sold houses on it it gets taxed at the much higher single-family home rate. However, the price to buy the land starts to head towards what it will be worth it developed as soon as the freeway becomes real.