So, you are thinking about buying undeveloped land, and you are wondering how much land you should buy? We know that it can be very overwhelming to purchase a large plot of land or even a small one. You can use vacant land for more than you can imagine. The amount of land you decide to purchase really depends on what you want to do on your land. It is better to think of all of your options before you make an offer.
Most people are looking for large plots of vacant land to invest in and make a profit from. With that being said, there are also a lot of people searching for land to just live on and have a peaceful, beautiful place. No matter which one you relate to, there is plenty of land out there for you.
We have previously talked about what you can do with a smaller sized lot, so now we are going to discuss what you can do with a larger plot of land. The options are endless when it comes to what to do on your land. Even though 100 acres may sound overwhelming, you can find plenty of things to do with it.
Before You Buy Vacant Land
We know that searching for land is a process and finding something that suits you can be difficult. Before you buy land, you should research areas and environments that you are interested in. Making a list can be helpful in finding the perfect land for you.
Start off by taking a map of the United States, or another country you are interested in. Once you have the map, highlight areas that you can see yourself buying land in. Think about if you want to be near big cities for jobs or schools, or if you are looking for somewhere that is not around much because you want extra privacy.
After you highlight the areas you are interested in, think about what is most important on your land. Make a list of criteria. Do you want land with structure already built on it? Do you want to build on your land? This will require research on property zoning and discussing with your realtor or land buying specialist about county rules and regulations. Do you want to grow crops on your land? Or have animals? Look at the types of soil and vegetation for the area. Do you want recreational land? All of these questions are important to ask yourself so that you can narrow down your options more easily.
Lastly, find a good real estate agent or land listing website and start searching. You can look for land and farm or houses on a lot of online listing websites. There are benefits to using a real estate agent as they can often find you options that might not be listed online. At the same time, you can often save money and get a better deal by working directly with the seller. Land listing websites are a great place to connect with sellers. Additionally, you can look for online land sellers like Discount Lots that have a large inventory of land on their website. Often sellers who have a lot of inventory may be able to help you find exactly what you are looking for!
These things will prevent you from the overwhelming feeling and the indecisiveness. It is important to know exactly what you are looking and what your deal breakers are before you start looking for land.
Farming on 100 Acres of Land
The first thing many people think of when it comes to 100 acres of land is farming. With 100 acres of land, you can support a beef cattle herd as well as grow popular crops like hay. The type of animals you raise on your land fully depends on the environment of your land. Raising cattle, sheep, goats, chickens could be a great idea for 100 acres if you have places for them to graze as well as the proper environment to grow feed in.
You can plant a lot of crops of 100 acres as well. Once you have found a property you are interested in and you go take a look at it, check out the soil and climate. This will help you find out what grows best in the area.
Developing 100 Acres of Land
If you have investment money to do so, developing 100 acres could make you some money. Look for land outside a big city and see if there is an opportunity to create a subdivision or build a community with a lot of lots to build homes on. This could be an amazing opportunity to make a lot of money, but it will take some money to do so. Creating a community will bring people together and could be a fulfilling opportunity.
You can also just create a small family community on your acreage or even just build one family home. If you are looking for a peaceful retreat or a place to spend quality time, then building a family home could be a great idea.
Another way to develop your vacant land is having a place for tourists to stay. If you are buying land near a big city or through a town with a lot of road traffic, having a place with Airbnb’s could turn into a great profit. Even if people are not traveling through, having a peaceful retreat for tourists is a great idea if you are in a popular area.
With all of this being said, before you start building on your land you will need to make sure you have checked the zoning for your vacant land and learned about all county rules and regulations. Do not break ground before you take those steps!
Leasing Your Land
Another opportunity you have with 100 acres is to lease your land. Many people are looking for land to have a factory on, grow crops on, and much more. If you are looking for a business opportunity, but you do not have the time to plant the crops yourself or run the factory yourself, you can purchase the land and lease it to someone who has the time. Create a contract and check with zoning before the leaser does anything drastic. Leasing your land could create an opportunity for someone else who doesn’t have the opportunity to purchase their own land.
Create a Hunting Ranch on 100 Acres
If you are looking to entertain, think about using your 100 acres as a hunting ranch. Plant some trees and bring in a variety of game animals. You can host guided tours as well as host hunters to camp and hunt on their own. This would be a fun way to make a profit and watch people do what they love!
If you have a water source on your property, you could stock it with fish and host fishing activities along with your hunting tours. Hunting and fishing are very popular and can bring in a lot more people to your undeveloped land than you think.
Many people believe that hosting guided hunts and fishing activities could produce more income than farming on land. We can’t give you the answer to that question, but we definitely recommend both!
Whether you are looking for vacant land to keep empty or land to develop on, the options for 100 acres are pretty much endless. Start off by highlighting areas you are interested in and making your list of criteria. Once you have done that, it will be much easier to find 100 acres that fit your needs and wants. If you are interested in buying land with a partner, that is always an option too and could create more room for investment money.
