For those who enjoy hunting, fishing, ranching, or farming, the phrase “land for sale” is music to the ears. Throughout the United States, vast tracts of land exist, already prepped for working, especially in the Midwest and Southwest. The myth that there is no American Wilderness anymore is just not true: lands and farms abound, and, when chosen carefully and managed efficiently, can turn a profit for the owners.
Ranches and farms still play an important role in the U.S. economy and contribute to a multi-billion dollar industry. Whether cash crops, field crops, livestock, or otherwise, agriculture is a thriving, sustainable business endeavor.
There are plenty of non-agricultural uses for open land, too. Hunting property, fly fishing ranches, equestrian stables, and camping lodges are all viable businesses that can make land profitable.
Texas, Colorado, Oklahoma, Montana, and Tennessee are all rich with opportunities for investment. It is easy to find a cattle farm for sale, hunting and fishing land for sale, or open ranchland for sale. And businesses are growing in these wide-open states; for instance, Montana’s population is slated to grow over 14% by 2043 and other Midwestern states follow suit.
Things to consider when buying rural land include the history and culture of the land, the effects of extreme weather in the area, and the proximity to markets; these will all have an affect on the profitability of your venture. Investigate the history of the land you?re interested in; sometimes, properties or houses have cultural significance that may influence the value or management of the land. Also consider what sort of extreme weather might affect the area and be sure the appropriate safety measures have been taken in reinforcing structures, providing emergency shelter, and establishing evacuation routes. Also, depending on what the land is used for, be sure you have access to the nearest markets.
Most importantly, it is important to have a land and real estate agent who is knowledgeable about the specifics of farm real estate. They should be able to identify the components of quality and value; besides location, other factors include building improvement value, diversity of agricultural resources, potential recreational features, conservation needs, and market percentages.
If you’ve always dreamed of owning ranchland, or if the sight of a roadside sign reading ?cattle farm for sale? intrigues you, go for it. There are plenty of opportunities available, and lots of ways to make farmland work for you.