LoRA Land is a collection of 25 task-specialized large language models (LLMs) fine-tuned from the Mistral-7b base model, which outperform base models by 70% and even surpass GPT-4 by 4-15% in performance depending on the task. Fine-tuned using Predibase for an average cost of less than $8 per model, these models provide an efficient blueprint for deploying high-performing AI systems. The open-source framework LoRAX allows for serving these models from a single GPU, significantly reducing costs associated with dedicated GPU resources. This approach leverages Parameter Efficient Fine-Tuning (PEFT) and Quantized Low Rank Adaptation (QLoRA) to minimize training requirements while maintaining performance. By incorporating best practices into its platform, Predibase facilitates the development and deployment of cost-effective, specialized LLMs for various use cases, demonstrating their capabilities through a real-world example that highlights the advantages of smaller, task-specific models.