If a developer has 15 acres to subdivide, how many 150' x 90' lots can be lined after allowing for 20% for streets and sidewalks?

Study for the Arizona Real Estate Exam. Boost your knowledge with flashcards and multiple choice questions with explanations. Be exam-ready with our comprehensive review!

To determine how many 150' x 90' lots can be created from 15 acres while allowing for 20% of the land for streets and sidewalks, it's essential to first calculate the usable land available after accounting for that percentage.

  1. Calculate Total Land Area in Square Feet:
    • 1 acre = 43,560 square feet.
  • Thus, 15 acres = 15 x 43,560 = 653,400 square feet.
  1. Determine Usable Land After Deducting for Streets and Sidewalks:

    • Since 20% of the land is to be used for streets and sidewalks, only 80% is usable.
    • Calculate 80% of 653,400 square feet:
      • Usable land = 653,400 x 0.80 = 522,720 square feet.
  2. Calculate the Area of One Lot:

    • Each lot is 150' x 90', which is:
      • Lot area = 150 x 90 = 13,500 square feet.
  3. Calculate the Number of Lots:

    • The number of lots that can be created from the usable land is:
      • Number
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