Re: Big Money Investing ?
Hit up development companies/developers. But together an offering sheet (or take the listing agent's sheet) and find some developers. Talk to your local bankers or some out of Richmond/D.C.
You could also find 10-20 smaller investors looking to form a partnership and buy it that way at $1-2 million per partnership interest.
Having worked on land development projects near where you are located, a lot of times you encounter a huge amount of unbuildable wetlands on waterfront sites. This can quickly drive the price per acre way way up. You may also have to invest in significant infrastructure (roadway bridges, etc) to span between one buildable area to the next over top of the wetlands (which you usually can't touch). Bridges aren't cheap.