Investment Land Feasability
- Land Location |
- How to Buy Land |
- Land Features |
- Investment Timing |
- Opportunity Costs |
- Community Acceptance |
- Single Lot Investments |
- Residential Lots |
- Speculative Lots |
- Lease vs. Resale |
- Building to Suit |
- Acreage |
- Acreage for Resale |
- Land Evaluation |
- Land Promotions |
- Land Bankers
Speculative Investment Land
In addition to residential lots purchased for future use, investors also buy strategically located vacant lots in anticipation of a rise in value and profitable resale.
Generally, these speculative lot purchases are based on the possibility of a successful rezoning of the property for a more intensive use than single-family residences. Included in this inventory are lots physically suited for multifamily apartment projects and office structures as well as for commercial and industrial developments.
Successful rezoning requests are based largely on the subject property being located in an area of use compatible with that being sought by the property owner. Good land-control practices usually prevent any spot zoning, require the applicant to prove conformity to the general land use plan and follow adopted pollution-control ordinances.
Rezoning activities are sometimes costly and time consuming.
Any rezoning proposal requires the satisfaction of numerous individuals who hold vested interests in the outcome of the proposed change, as well as the approval of the community's planning agency.
Any objections by adjoining property owners and other affected persons, sometimes expressed eloquently and often vehemently at public hearings, must be overcome by the applicant. However, the rewards are usually worth the efforts required to obtain rezoning.
When purchasing vacant lots with possibilities for growth in value, an investor must make a careful examination of the community to identify potential areas of expansion. Once these neighborhoods are discovered, a meticulous search should be made to discover those particular vacant parcels of land sales with rezoning potential.
- Land Location |
- How to Buy Land |
- Land Features |
- Investment Timing |
- Opportunity Costs |
- Community Acceptance |
- Single Lot Investments |
- Residential Lots |
- Speculative Lots |
- Lease vs. Resale |
- Building to Suit |
- Acreage |
- Acreage for Resale |
- Land Evaluation |
- Land Promotions |
- Land Bankers
