Savvy investors understand the benefits of adding valuable land to their real estate portfolios. Land, often overlooked when investors want to diversify, is a low-maintenance tangible asset that doesn’t depreciate and has a proven history of steadily increasing in value. In addition, there are many ways to realize cash flow from the land.
Johnston County, NC is a popular area for real estate investors due to its growing population, access to major highways, and proximity to the Research Triangle Park area. Here are four signs that you may be purchasing a valuable land in Johnston County, NC:
- Location: Location is a key factor in determining the value of land. If the land is located in an area with a high demand for new homes, commercial buildings, or other developments, it can increase in value over time. Johnston County is a rapidly growing area, with a growing population and a strong economy, making it an attractive location for developers.
- Zoning and Permits: Before purchasing land, it is important to research the zoning and permits for the property to ensure that it can be used for the intended purpose. In Johnston County, zoning regulations can vary depending on the specific location, so it is important to work with a local real estate agent or attorney to ensure that the property is zoned correctly for your needs.
- Infrastructure: The availability and quality of infrastructure, such as utilities, roads, and public transportation, can impact the value of land. In Johnston County, areas with access to major highways, such as I-40 and I-95, or proximity to the Research Triangle Park area, can increase the value of land.
- Development potential: The potential for future development can also impact the value of land. If the land is located in an area with a high demand for new homes, commercial buildings, or other developments, it can increase in value over time. In Johnston County, areas with high growth potential, such as the towns of Clayton and Smithfield, may offer more opportunities for future development.
Often, investors combine other business interests in exciting ways that enhance their real estate portfolio and increase their business earnings. Whether you are just beginning to build your portfolio or are an experienced investor, you should work with trusted professionals.
When done right, valuable land investments can provide financial security due to the low volatility, allowing investors to control the risk while generating long-term financial returns that may equal or outpace more risky investments.
Continue reading as we explore four signs you are purchasing valuable land when buying in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston. Please note that this article is for informational purposes, not financial or legal advice.
Growth
Economic and population growth are typically positive indicators of valuable land. Here are some reasons why:
- Economic Growth: A growing local economy is often a good sign for real estate investors, as it can create more demand for property and drive up property values. For example, if a new business or industry moves into the area, it can create jobs and attract more people to the area, which can increase the demand for housing and other real estate. In turn, this increased demand can drive up land values.
- Population Growth: Population growth is also a positive indicator for real estate investors, as it can create more demand for housing and other types of property. As more people move into an area, the demand for new homes, apartments, and other developments increases, which can drive up the value of land. Additionally, population growth can attract new businesses and industries to the area, which can further fuel economic growth and create more demand for property.
Overall, economic and population growth are often signs of valuable land. However, it is important to do your due diligence and research the specific market conditions and trends in the area to make sure that you are making a sound investment decision. Additionally, working with local real estate investors like those at TLC Estate, and attorney can help you identify valuable land and navigate any local regulations or zoning requirements that may impact your investment.
The professional investors at NC TLC Estate understand that what makes valuable land depends on how well it serves the intended purpose, they will help you perform the necessary due diligence to ensure your plans come to fruition.
Physical Attributes
The property’s physical location can provide you with signs that you are purchasing valuable land when buying in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston. Therefore, you or a representative should put your feet on the ground, looking at the surrounding properties and the view. For investors who plan to divide the property to sell in smaller parcels, it’s important to view each location to understand the value of each section. For example, waterfront or water views make for more valuable land. In addition, any noticeable unpleasant views, odors or noise associated with the location can significantly impact value, such as being in the flight path of a local airport. Professional investors like those at NC TLC Estate built their careers here in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston and are highly familiar with the local real estate market. Therefore, you can rely on the professional investors at NC TLC Estate with their boots on the ground to help locate the perfect piece of valuable land to enhance your real estate portfolio.
Environment
A property free of environmental hazards is another sign you are purchasing valuable land when buying in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston. For commercial investments, a phase 1 environmental assessment is a part of performing due diligence, protecting the buyer and lender should problems be discovered in the future. For those who plan to divide the property and build, using sustainable building materials and focusing on energy efficiency, creating low carbon footprints helps protect our planet. Investors must develop their environmental conscience and consider more balanced and less impactful approaches. A business plan that includes green practices provides valuable marketing tools, keeping what your buyers are looking for in mind. Professional investors like those at NC TLC Estate are seasoned experts at handling all of the details of these transactions. The professional investors at NC TLC Estate make it easy for investors like you to add valuable land to your portfolio.
NC TLC Estate
Working with a professional investor from NC TLC Estate is the surest sign that you are purchasing valuable land when buying in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston. Whether your strategy is to buy and hold, develop and sell or purchase and then subdivide, the professional investors at NC TLC Estate and their full-service in-house team of industry specialists all have a passion for helping investors succeed. At NC TLC Estate, your success is our success. So whether it’s time for you to enter a valuable land investment or exercise your exit strategy, the professional investors at NC TLC Estate make it easy to invest confidently and earn the highest returns. And don’t forget to ask one of the professional investors at NC TLC Estate about our current inventory of the most valuable land investments available in Raleigh, Durham, Clayton, Smithfield, Rocky Mount, Selma, Wilson, Goldsboro, Kinston. Feel free to talk to a professional investor at NC TLC Estate today; we invite you to ask questions or express concerns about adding land to your real estate investment portfolio without obligation. Call NC TLC Estate at 919-920-7081.