A land company on the 28th parallel

The 28th parallel runs through the heart of Central Florida — through the pastures, pine flatwoods, and section lines where the state's next decade of growth is already being drawn. Parallel 28 Land Company works that ground: valuing, listing, and brokering development land, and publishing the data we gather along the way as The Florida Land Report.

Plat-style map of Florida A survey-style outline of Florida over a section grid, with the 28th parallel of latitude drawn across the state in red. 28.0000° N

The principal

R. Derek Smith is a licensed Florida real estate broker (BK3201665) and the principal of Parallel 28 Land Company, its land-focused brokerage practice, with Smith Equities Corporation. Most agents rarely touch development land; this practice is built on knowing it firsthand — future land use, entitlement, site conditions, and how a developer underwrites a parcel. Every written desktop opinion of value is prepared personally by a licensed Florida broker — not a call center or an algorithm.

Frequently asked questions

Is Parallel 28 Land Company a licensed brokerage?

Parallel 28 Land Company is the land brokerage practice of R. Derek Smith, a licensed Florida real estate broker (BK3201665). The brokerage of record is Smith Equities Corporation, a licensed Florida real estate brokerage regulated by the Florida Department of Business and Professional Regulation.

Do you represent sellers, or buy land yourselves?

We're a licensed Florida real estate brokerage — we represent landowners. We prepare a written opinion of value, then list your parcel or connect you with the right specialist when you're ready to sell.

Where does the name come from?

The 28th parallel of latitude, which runs through the heart of Central Florida — through the pastures, pine flatwoods, and section lines where the state's next decade of growth is being drawn.

What is The Florida Land Report?

Our quarterly publication of entitlement activity, land pricing context, and rezoning timelines across Florida's growth corridors — the data we gather in our own underwriting, published.

How can I verify your license?

Florida real estate licenses can be verified through the Department of Business and Professional Regulation's public license search. R. Derek Smith holds Florida broker license BK3201665, with Smith Equities Corporation.