Land Development Process
The core of any type of investment is its ability to deliver consistent cash flow. Fortunately for investors, land development offers the highest reward. Furthermore, land is a limited resource, which makes it extremely valuable today. If you purchase a piece of land in an area that’s headed toward development, your land’s worth can exponentially increase than your purchase price.

Of course, any investors should perform their due diligence thoroughly when entering this business. It’s critical to educate yourself on the market you plan to invest in, and understand when to buy and look at the growth in the surrounding area.

There are several things you should consider before buying land. These include the land’s features and potential limitations. 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
Understand the permitted use for the site
Know the site regulations for your proposed use
Obtain zoning approval
Make sure you know if the site is connected to utilities like water and sewer.