LandInvestors.com Forums **Ask A Question** What does (NEC) mean?

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  • #2384
    Luke Smith
    Moderator
    Post count: 1280

    I’m testing different things in the Data2Doorstep program. When searching for vacant land I see this:
    (NEC)

    What dose the (NEC) stand for?

Viewing 7 replies - 1 through 7 (of 7 total)
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  • Zach
    Member
    Post count: 7

    I was wondering that same thing Luke. In one county that was all I got was Vacant Land (NEC). In that county they were all very low in market value as well. Not sure if that ties into the NEC or not. I tried googling it and only found the acronym to stand for North East Corner which doesn’t make sense. Hopefully someone here knows.

    lnorwood
    Member
    Post count: 17

    Maybe “not elsewhere classified”?

    Luke Smith
    Moderator
    Post count: 1280
    ProAdvanced

    Yea, Maybe it is just dumping grounds for everything else huh?

    Joel S
    Participant
    Post count: 51
    Pro

    @luketsmith
    @zgibbons
    @lnorwood

    Google turned this up: “N.E.C. stands for ‘Not Elsewhere Classified’ or ‘North East Corner’ If talking about an industrial zone.”

    Darald (@AggieLand)
    Participant
    Post count: 180

    Hi @luketsmith, just wondering do you include NEC criteria when pulling your data?

    When I pulled my first set of county data, I included the NEC criteria but ended up scrubbing out the majority of these lines due to them being owned by a subdivision developer or similar. I’m too new to know if this was a chance issue with my first county data pull in Texas or if this might be a common issue in other counties and/or states?

    Thanks for any feedback you or anyone might have on this.

    Luke Smith
    Moderator
    Post count: 1280
    ProAdvanced

    Try searching for just NEC and play with an assessed value cut off. See if all the land is like $100 assessed values when other land in your search is 5000$ assessed values. That might tell you something about the land in that county and state too see if it’s worth bothering with or not.

    Darald (@AggieLand)
    Participant
    Post count: 180

    Thanks @luketsmith I’ll give that a try.

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