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When you’re looking for the perfect location to build your business, the right commercial real estate agent can show you a myriad of properties. As you secure loans, walk property lines, and draft up architectural plans, here are a few major considerations to review before going through with a purchase. 

4 Considerations Before Buying Land for Commercial Use

1. Know the Development Path

Commercial land is valuable and in limited supply, particularly in urban and suburban areas. With this in mind, it may make sense for you to invest in property just outside of these regions, but within future development paths. By knowing the neighbors and future building plans in the region, you’ll have a better sense of lot value and whether your location is convenient for staff and clients. 

2. Lot Surveying

Property linesAs part of the land buying process, it’s important to hire a professional survey company to fully evaluate the lot. Using high-tech equipment and public records, you’ll receive a comprehensive report that fully defines property lines, topography, terrain, and the utilities and hazards that may be present. This information is vital to prevent disputes with neighbors over property lines and as you move forward into the construction phase. 

3. Zoning & Usage Regulations

While it’s safe to assume your real estate agent is aware of your land needs, always double-check zoning and usage regulations before you put in an offer. By knowing the full extent of the possibilities, you can rest easy knowing your construction plans can proceed without issue. 

4. Vacant Land Opportunities

After finding the perfect piece of land, there’s usually a long window of time between purchase and breaking ground on construction. To maximize your investment and cover your mortgage, don’t hesitate to explore vacant land opportunities. Find out whether you can lease space to billboard companies, farmers, or hunters in the meantime. 

If you’re purchasing land in Baldwin County, AL, and you need lot surveying to understand the topography and property lines better, Raber Surveying can help. For over 21 years, this survey company has used state-of-the-art equipment and highly skilled technicians to help business owners and residents with construction layouts and flood elevation certificates. To schedule a consultation, call today at (251) 975-7525, or visit their website for more information on their commitment to honest, comprehensive, and timely work.

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