Land Development Process
Any type of investment must be able to generate consistent cash flow. Fortunately for investors, land development offers the highest reward. Land is a scarce resource that makes it very valuable today. Your land’s value can increase exponentially if it’s located in an area that is headed towards development.

Of course, any investors should perform their due diligence thoroughly when entering this business. It is important to learn about the market and to understand when to buy.

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
Learn about the permissible uses of the site
Find out the regulations applicable to your proposed use
Obtain zoning approval
Make sure you know if the site is connected to utilities like water and sewer.