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Understanding Your Asset Report

Updated: Mar 6


Screenshot of the State of California on LandGate's map with yellow map pins

One of the most valuable tools within LandApp is the ability to create unlimited Asset Reports, which provide property owners and their representatives with valuable data-driven insights about their land and its value for solar, wind, and carbon credits. In this guide, we will explore LandGate's asset report and offer practical use cases to help you utilize the reports effectively.


What is an Asset Report?

Asset Reports in LandApp provide a holistic view into the value of your properties, from their overall land value to their estimated lease value for solar, wind, and carbon credits. LandApp's Asset Reports evaluate and compare each property in your portfolio to seamlessly identify those with the highest and lowest property values for sale and for lease, providing you with a quick snapshot into the properties within your portfolio that are most and least valuable. 


Who Can Benefit from Using Asset Reports?

Property owners that own large amounts of land containing parcels that are not adjacent to each other will find the most benefit from utilizing Asset Reports. Similarly, property managers who oversee large portfolios will find Asset Reports beneficial. For property owners with a large number of properties that they are interested in listing on LandGate’s marketplace, Asset Reports can help them determine which sites to prioritize listing.


Another common use case of Asset Reports is for prospective land buyers/ investors that are conducting their due diligence to determine which properties to move forward with, and which to eliminate from their list of potential properties to purchase. This is especially valuable for land buyers that are interested in purchasing properties with the intent of leasing them for solar, wind, or carbon credits.


Land brokers can also benefit from creating Asset Reports to guide them on which clients have the most valuable land for a specific resource. Instead of manually analyzing each former, current, or prospective client’s properties individually, they create a master portfolio and then run an asset report to prioritize those clients with the most valuable properties. 


Interpreting Your Asset Report

Asset Reports are divided into four sections - land, solar, wind, and carbon.


Land

LandGate calculates the estimated 'Land' value for each parcel within your portfolio. These values are strictly the 'dirt' values, and do not include any upgrades or buildings. In this section of the Asset Report, you will find a list of 5 of the highest-value properties in your portfolio, along with a list of the lowest-value properties in your portfolio, along with the acreage and APN for each of those 5 properties.


Solar

The 'Solar' section of your Asset Report provides a list of the 5 highest and 5 lowest value properties within your portfolio for solar lease opportunities. The specific parcel APN's are provided in the chart, along with the total acreage of each parcel, the total buildable acreage (how many acres of a given parcel are considered buildable for solar infrastructure), and an estimated solar lease value (per acre per year). LandGate calculates the estimated solar lease value for each property in your portfolio using an algorithm that factors in the buildable acreage, proximity to electrical infrastructure, solar irradiance, local clean energy incentives, and more for each property.



Screenshot of Asset Report data from LandGate's platform

Wind

The 'Wind' section of your Asset Report highlights the top 5 highest and lowest value properties in your portfolio for wind leasing. It includes the specific parcel APNs, total acreage, buildable acreage (the usable land for wind turbines), and the estimated wind lease value per acre per year. LandGate calculates the estimated wind lease value for each property in your portfolio using an algorithm that factors in the buildable acreage, proximity to electrical infrastructure, average wind speeds, local clean energy incentives, and more for each property.


Carbon

The 'Carbon' section of your Asset Report is similar to the solar and wind sections of the report in that it provides a list of the 5 highest and 5 lowest value properties within your portfolio for carbon credits. The specific parcel APN's are provided in the chart, along with the total acreage of each parcel and an estimated carbon lease value (per acre per year). LandGate calculates the estimated carbon value for each property using an algorithm that accounts for factors such as the tree types and tree density on a given property.


Next Steps

Utilizing Asset Reports is an efficient way for property owners and their representatives to determine which properties have the most potential for sale or lease opportunities. They can then list their land for sale or for lease (solar, wind, carbon, EV charging, and more) for free on LandGate's marketplace to connect with a robust network of renewable energy developers:



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