North Carolina offers thousands of acres of undeveloped land, including small and enormous acreage tracts zoned for investment, development, and real estate purposes. Many of these parcels offer stunning mountain, river, and lake views that any buyer will surely appreciate.
Lots and Land in North Carolina
Buyers can choose from an excellent selection of lots and land in NC, some of which offer views of the Blue Ridge Mountains and New River.
Those who want to build homes will find residential lots in master-planned communities and gated subdivisions near town centers. Many of these lots feature mature vegetation and bodies of water like ponds and creeks. This lets you enjoy outdoor activities like gardening, boating, fishing, and swimming in your own time.
Buying land in gated communities gives you access to shared amenities like cookout grills, boat and canoe storage, platform diving docks and plenty of green space.
Some lots in Scaly Mountain, for instance, provide access to Lake Osage. The unincorporated community has its own Outdoor Adventure Center, which offers year-round tubing. It’s also home to Aerial Park, which offers canopy zip line tours.
Buyers will also find grand estate properties just three miles from Cashiers’ town center. These properties feature large homes, caretaker’s homes, maintenance buildings, and ponds.
Highlands offers undeveloped commercial parcels with easy access to Holt Know Road and Highways 106 and 164. Buyers will also find farmland with ponds and streams.
Those who want to build their own cabins in secluded areas can also find large parcels of vacant land in valleys and on riverfronts. Many of these lots feature horse properties and water surfaces.
Why Buy Land?
Land is a great place to invest your money. The most common reason why people buy land is to build on it, whether it’s a single-family home, a multifamily property, farm structures, or a commercial development. Here are a few other structures that can be built on land:
- Apartment buildings
- Mixed-use developments
- Strip malls
Development can increase the land’s value depending on what you build on it.
Whether you’re building your own home or a commercial building, you need to study the area and its zoning laws. You’ll also need to look into utilities and homeowners associations (HOAs).
There are investors who purchase land and hold it for a certain period of time. An undeveloped parcel of land can be a stable asset which could potentially be worth much more years down the line. Being able to turn over a piece of land successfully involves a lot of research because the developments that take place in the area surrounding your land have an impact on its value.
Moreover, if you buy land as a long-term investment, you won’t pay too much in order to maintain it – according to the Department of Housing and Urban Development, the cost of taxes and maintenance on undeveloped land, on average, is roughly 10 times lower than what you’d spend on developed land.
Land can also be used for farming. Excellent soil and a good climate can give you a head start. If the conditions are right, you can plant crops, raise cattle, or lease the land to farmers.
If you’re looking at North Carolina real estate for sale, consider investing in land. Let the Pat Allen Realty Group assist you. Call us at 828-526-8784 or send us a message here.