ABC Local Directory

Land Development Process
Any type of investment must be able to generate consistent cash flow. Land development is the best investment opportunity. Land is a scarce resource that makes it very valuable today. Your land’s value can increase exponentially if it’s located in an area that is headed towards development.

Of course, any investors should perform their due diligence thoroughly when entering this business. It is important to learn about the market and to understand when to buy.

When buying a piece of land, there are a few things you should look into first, including the features of the land and factors that could limit the potential for development. Here’s a checklist of things to consider when buying a land:

Identify natural and man-made features (wetlands, steep slopes floodplains, historic structures, etc.).
To find out about existing restrictions and easements, obtain a title report
Learn about the permissible uses of the site
Know the site regulations for your proposed use
Obtain zoning approval
Understand if the site serves utilities such as water and sewer