Stage
Option pending
Awaiting Regis
Lot price (locked)
$55,000
Verbal lock
Walmart drift EV
+7.4%
~$4,070 over 5 mo
Regis signal
⚪ awaiting
GREEN/YELLOW/ORANGE/RED
Acquisition checklist
| pending | Regis option-contract conversation | By 06/01 |
| tbd | FL attorney review LOI | Before sign |
| tbd | $10k non-refundable earnest wire | ~06/05 |
| tbd | Marion County 2026 millage confirmation | — |
| tbd | Close from H51 proceeds or RBI re-draw | ~07/01 |
| Category | Planned | Actual | % complete |
|---|---|---|---|
| Lot acquisition | $55,000 | $0 | 0% |
| Tomorrowland contract (Osaka) | $245,000 | $0 | 0% |
| Permits, impact fees, soft costs | ~$18,000 | $0 | 0% |
| Holding costs (5 mo) | ~$1,022 | $0 | 0% |
| Closing + sale costs | ~$24,000 | $0 | 0% |
| Total project cost | ~$343,022 | $0 | 0% |
| Lender | tbd Assumed: RBI |
| LTV | tbd 60/40 |
| Rate | tbd 9.25% |
| Structure | tbd Refi + construction holdback |
| RBI draws submitted | 0 of N · table empty until break-ground |
| Tomorrowland milestones | 0 of 5 paid · cloned schedule, zeroed |
| Phase | Target | Cash impact |
|---|---|---|
| Option signed + earnest | 06/05/2026 | −$10,000 |
| Lot close | ~07/01/2026 | −$45,000 |
| Permitting + soil | 07-08/2026 | −$18,000 |
| Break ground | ~09/2026 | — |
| Construction (5 mo) | 09/2026 – 02/2027 | −$245,000 staged |
| Sale | ~03/2027 | +$385-410k target |
Base case
24.1%
Sale at $385k
Walmart +7%
27.8%
Sale at $412k
Bear case
18.5%
Sale at $362k
Capital tied
$343k
~9 months