Whether you’re a property investor or if you’re looking for land you can use for a variety of purposes, you should know that rural land is a great option. It is common knowledge that rural land for sale usually comes at great unbeatable prices especially in comparison to urban and suburban properties. In fact, for a very small fraction of the usual price of residential and commercial land, you can get acres of rural land.
There are a lot of property owners selling their rural land. However, depending on your purpose for the land, not all rural properties are wise investments. Some are not usable – for instance, there are some areas protected by the government, which means you can’t make any changes around the property. On the other hand, some still choose to invest in these non-livable properties for later use. Eventually, the prices of these land parcels will go up, which is still a winning situation for you. When you do find a property with the right price and location, don’t let the opportunity to invest in it pass you by.
What is Classified as Rural Land?
Simply put, rural is the exact opposite of urban. Where there are no tall buildings and when population density is low, then the area is most probably classified as rural. It is usually located far from city centers and commercial areas. Many would think that rural properties are limited to farms, but rural land also includes forests, fields, and more.
When a rural land is said to be non-livable, there are other ways to make use of them. For instance, some property owners rent out their rural land to utility companies so that it may be used to build wind or solar power generators, cell phone sites, or farmers may use them as grazing fields for livestock. Note that necessary permits must be secured if you intend to use your rural land for these and other purposes.
Rural Land for Sale Cost
The cost of rural land for sale is dependent on a variety of factors including:
- Property Condition
- Possible Property Use
More often than not, you can get huge discounts when buying rural land in bulk. For example, it is highly possible that a 10-acre land is more expensive than a 20-acre land. Many times, you will find a 20-acre rural land that’s way cheaper compared to a 1,000-square foot residential land in the suburbs.
Where Can I Buy Rural Land?
Land is a product that is no longer being made or manufactured. This means that even when the demand is high, the supplies no longer increase. In urban areas, residential and commercial or office spaces are increased through multi-level buildings. For instance, the 900 Biscayne Bay is an all-residential skyscraper located in Miami, has a total of 64 floors with 516 apartments. Just imagine all the ground space saved by putting these residential units on top of each other. But did you know that a 1-bedroom unit that measures just over 500 square feet easily sells for over $500 thousand in this building?
Of course, rural land prices are incomparable to residential lots in urban areas. After all, most corporate jobs and businesses are close to non-existent in rural areas. Nevertheless, it’s interesting to know that even such a small amount can already make you a land owner when you look into rural vacant lots for sale.
When looking to buy rural land, you can connect directly with property owners who are selling their land or work with a realtor or real estate agent. Many listings are found online. If you are looking for rural land for sale in a specific area, you can also check out with local government units assigned in keeping records of land and their owners.
Buy or Sell Land with Land Soar
To help save time, operational costs, resources, and a whole lot of effort, reach out to the experts at Land Soar to help you find great deals. We specialize helping our clients out when buying or selling rural land in Florida and Georgia. Call us at 386-200-5001 or send us an email at firstname.lastname@example.org for details!