What Should You Look for in Lots for Sale?


Quick Answer

What to look for in empty lots for sale depends on what the buyer plans to build on the lot and her personal preferences. For example, if she wants to build a residential home, she should think about how close she wants to be to neighbors and shopping.

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What Should You Look for in Lots for Sale?
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Full Answer

Choosing the best empty lot on which to build property depends largely on what property is going to be built, as the needs vary significantly between different building types. If the buyer has plans to build a strip mall complex and rent out different storefronts, she would want to find a lot located in a busier part of the town to guarantee visibility among potential clients. She would also want to check the lot for access to electrical and plumbing systems and make sure it is zoned for her specific intentions.

Purchasing lots for residential property involves many more considerations based on the builder's individual needs and desires. For some buyers, a lot far away from other land owners is ideal because of the extra space and privacy. Alternately, other buyers may want a lot in a populated city with access to different entertainment options. The buyer should also consider the size of the house she wants to build to make sure the lot is big enough.

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