Uses real-time market and geospatial data to identify and recommend land development opportunities nationwide based on custom criteria. The platform streamlines site selection by analyzing parcels, listings, and permit activity, enabling developers to discover optimal sites faster and increase deal flow.
Funding
Funding not disclosed
Founders
Product
Problem
Land developers face challenges in efficiently identifying and evaluating potential development sites due to fragmented market data and the time-consuming nature of manual site selection processes. This can lead to missed opportunities, increased due diligence costs, and slower project timelines.
Solution
Pillar provides a data-driven platform that streamlines land acquisition by aggregating real-time market and geospatial data to identify and recommend development opportunities nationwide. The platform analyzes parcels, listings, and permit activity based on custom criteria, enabling developers to quickly discover optimal sites. By automating the initial stages of site selection, Pillar helps developers increase deal flow and reduce the time spent on manual research. The software offers comprehensive data on comparable properties, land characteristics, and ongoing construction projects, facilitating informed decision-making.
Target Audience
Pillar primarily targets land developers, real estate investors, and development companies seeking to identify and acquire land for new construction projects.
Features
- Aggregates nationwide parcel data, property listings, and permit activity in a single platform.
- Allows users to define custom search criteria based on asset class, price point, size, shape, and topography.
- Provides real-time updates on new listings, permit cancellations, and ongoing projects.
- Offers tools for analyzing comparable properties (comps) to assess market value and feasibility.
- Enables efficient site selection by automating the initial stages of due diligence.