Whether you’re looking to purchase land to build a home or to start a business, buying acreage is often a great investment. However, like any real estate transaction, one of the most important things to consider is location. Buying land in an area with lots of amenities and growth potential can help set you up for long-term success.
If you’re looking to buy acreage in a convenient location with plenty of inventory and growth potential, look no further than Volusia County. At Palmetto Realty, we know this area better than anyone. There is affordable land available that you can use to reach your long-term dreams and goals. Here are some of the top reasons why Volusia County is a great place for buying acreage:
1. There is a Lot of Inventory
Despite the popularity of Volusia County’s beaches and its proximity to Orlando, there is actually a lot of acreage for sale in the area. Whether you’re looking to build a vacation property near the beach or start farming in a more rural area of the county, it’s not hard to find sizeable, high-quality land around here. There are currently more than 800 pieces of land for sale ranging from small lots to significant acreage.
2. It’s a Great Place for Farming
Agriculture has always been a large part of Volusia County’s economy, thanks to our subtropical climate and nearly year-round harvesting. For those interested in acquiring a farm, there are some beautiful properties with significant acreage for sale today. The cost of local farmland varies drastically depending on the property, but generally ranges from $4,000 to $12,000 an acre.
3. It’s Accessible
Regardless of what you intend to do with your land, chances are accessibility is probably fairly important to you. While there are plenty of rural areas throughout the county, Orlando, and several other major cities are an easy drive from the area. Plus, you’ll have some of Florida’s best beaches in your own backyard. The accessibility of Volusia County and its many amenities mean property values typically appreciate at a much faster rate.
4. You Can Have Some Privacy
While many people associate Volusia County with popular beaches and suburbs, there are many rural areas of the county where you can buy significant acreage. If you’re looking for some peace, quiet, and privacy, then we recommend buying acreage and building a nice home on a large piece of land.
5. It Has An Unbeatable Climate
Central Florida is a dream destination for people all over the world, and that is largely because of our climate. Whether you’re looking to use your land for recreation, hunting, or farming, Central Florida’s warm and sunny climate makes it easy to make the most of your land all year long. Many people choose to acquire land in the area simply because of the local climate.
What Should I Look For When Buying Acreage In Volusia County?
Buying land is a lot different than buying a home, which is why it’s so important to familiarize yourself with the key ways to evaluate acreage prior to buying it. While we’ve already mentioned location and accessibility are important factors, you’ll also want to consider a few other things:
Zoning And Easements
Zoning laws are set by local jurisdictions and they define how a property can be used. For example, if you’re planning to use land for a commercial business, you’ll need to ensure that it’s a permissible use under local zoning laws. Easements on the other hand permit third parties to use land for a specific purpose. This could include access to water source or permission to use a driveway or roadway that crosses through the property. In both cases, you’ll want to understand both zoning and easements associated with the land and how they could impact your potential development plans.
The Bundle Of Rights
Remember, purchasing land doesn’t automatically mean you’re purchasing rights to the minerals, air, water, and timber. In some cases, those rights are sold separately. If a third party owns those rights it can impact your ability to leverage land for your intended use. Work with your real estate agent to understand the bundle of rights before purchasing.
The Ability To Support Construction
If you’re planning to build on the land, you’ll need to ensure the property is suitable for construction. Feasibility studies and soil analysis can be conducted to help you get a sense of the stability of the land. If the land seller hasn’t had the land properly surveyed, you’ll definitely want to add a survey contingency when making your offer.
Volusia County is one of the best places to buy acreage, but you’ll want to work with a local land broker who really knows the area. Contact us at Palmetto Realty today.