Curious about undeveloped land for sale? Discover the benefits of building on empty acreage and how to find the right location for you.
Undeveloped land for sale is more than just empty space. It’s an escape from the hustle and bustle of everyday life. Close your eyes and imagine the sounds of nature as you envelop yourself in pure bliss and serenity. There’s no worrying about deadlines, scrolling through social media, or keeping up with the Joneses. Instead, you get to enjoy the simple things in life, whether you want to build a private campground, design a custom home, or just take the kids on their first hunting excursion.
Sound too good to be true? Let’s explore three advantages of purchasing undeveloped properties over existing developments.
#1 Undeveloped Land Offers More Flexibility
Want to build a single-family home? Perhaps you need a few acres to start a cattle ranch. Maybe you have even bigger dreams of transforming empty land into short-term vacation rentals. All of these visions are possible when you buy undeveloped land. Other options include:
- Recreational use
- Building multi-family housing units
- Leasing farmland
- Creating a wildlife preservation
- Off-grid living
The sky is the limit when building on an undeveloped property. As long as you follow local zoning regulations, you can transform raw land into something that will benefit your family today and for generations to come.
#2 Enjoy a Bigger ROI with Undeveloped Land
The best investments are the ones that pay off big time down the road. And real estate is a great money-maker. Currently, the average ROI for residential real estate in the US is 10.6 percent. It’s hard to compete with a return that high. Should you consider cheap undeveloped land for sale? Ask yourself:
- Do you want to use the land for a side hustle?
- Are you hoping to sell the property later on for a profit?
- Do you want a tangible asset that will keep increasing in value over time?
Undeveloped or raw properties are ideal investments for diversifying your portfolio. Even if you want to enjoy the land and don’t plan on selling it right now, you can still turn your property into a profitable investment. Building custom homes, campgrounds, storage facilities, or recreational vehicle lots are just a few ways to boost your ROI.
#3 Easier to Find Cheap Undeveloped Land for Sale
Real estate prices have skyrocketed in the last few years. That’s great for property owners. But it does create challenges for prospective buyers looking for affordable options. The solution? Try searching for undeveloped land for sale near me instead of developed properties.
Undeveloped land is less expensive than developed land, plain and simple. Everything costs less, from the purchase price to property taxes. And you don’t even have to travel out of state to uncover a great deal. GovernmentAuction.com features the hottest raw properties across the United States. Our hassle-free bidding system ensures you find and buy the land of your dreams for an equally dreamy price.
Undeveloped Land for Sale FAQs
Where is an acre of land the cheapest?
Although urban real estate prices are outrageous, it’s still possible to find undeveloped land for cheap. Rural areas tend to have the lowest prices. Some of the most affordable states to buy one acre of land include New Mexico, Arizona, Wyoming, and parts of Texas.
What does undeveloped mean for land?
Undeveloped land refers to completely vacant properties. The land is free of any structures, like homes, buildings, or driveways. While most parts of the US are developed, you can still find raw land for sale in many rural places.
How do you determine the value of land?
Real estate appraisals determine current land value. This assessment helps lenders decide how to finance loans for buyers. Since many undeveloped land buyers pay cash, there isn’t usually a need to obtain a mortgage.
The Best Undeveloped Land Is a Few Clicks Away
Government Auction takes the guesswork out of locating undeveloped land. We know you’ll find the perfect property regardless of your preferred location, budget, or vision. You’re just one bid away from becoming a proud landowner.
Ready to claim your undeveloped land? Government Auction makes the entire bidding, winning, and buying process easy and affordable. Guaranteed financing with ZERO credit checks, down payments as low as $100, and monthly payments starting at $149 mean you can finally own your dream property. Visit our auctions to choose from the widest selection of land types available throughout the United States. With just a few clicks, you can become a proud landowner. Ready to get started? Find undeveloped land for sale by checking out our current auctions at Government Auction.