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There are two main reasons why individuals and organizations with various background and experience seek land for sale.
Some are looking to buy property for their own use – for example farmland where they can grow agriculture, or a vacant parcel for their new headquarters.
The other reason is to buy land strictly for investment and profit. Real estate investing has become a very lucrative business venture and there are investors specializing in virtually every type of commercial property.
How to Find Land for Sale
Prospective buyers looking to find the most desirable land for sale have two options – they can search for properties either on or off-market.
On-market searches are usually more common simply because the benefits of off-market are oftentimes overlooked.
By searching for land off-market, prospective investors can avoid inflated real estate prices and the competition of other motivated buyers.
Furthermore, even though off-market properties are technically not for sale, just about every owner would consider selling for the right price, which makes off-market searches limitless.
Off-market property information can also be used to make better on-market transaction decisions. Recent sale prices and other comparables on off-market properties can be a key reference point when deciding whether an on-market listing is worth pursuing.
For example, potential buyers can look at the recent sale prices and assessed values on off-market vacant land in suburban Florida locations as a way to identify real estate market trends in the state.
Land for Sale Listings
When looking for land for sale listed on the market, commercial real estate professionals and investors can choose from a number of online listings platforms. Since there are many different types of property and land, there are many different types of listing services.
Finding your go-to listings platform can take almost as much research as finding the perfect real estate deal.
In order to help you get started, we’ve compiled a list of the best platforms featuring commercial land for sale on the market:
- Land And Farm
- Lands of America
- Leavitt Digital
All these platforms have different interfaces and offer search tools with varying levels of granularity. Let’s look at each listing service individually for a bit more context.
LoopNet is one of the most extensive and well-recognized commercial real estate listings platforms on the internet, and it is often the first place prospective buyers go when trying to find land or any other commercial asset type for sale.
There are currently 5 million monthly LoopNet users searching through the platform’s 500,000 property listings.
LoopNet offers a number of asset type search filters, including one for Land. Users can typically find dozens of listings for commercial land, vacant land, farmland, ranches, as well as other less traditional land assets.
Land And Farm
Land And Farm is a listings platform catering specifically to users looking to buy and sell land.
The site currently features more than 10 million acres of farms, ranches, residential, and commercial land for sale. Additional types of land you may be able to find on the platform include vineyards, recreational, and hunting land.
LandWatch is another platform specializing in different types of land for sale. The site includes nearly 1.4 million land listings, including hunting grounds, waterfronts, farms, and ranches.
LandWatch also features international listings, which are rarely available on other land listing platforms.
Catylist is another wide-ranging listings platform that includes, among many other property types, vacant land, farms, ranches, and more.
Catylist has approximately 130,000 property listings across more than 40 markets in the United States. The platform allows users to sort listings by property type, listing type (for sale or for lease), and other criteria such as distressed, for auction, or for investment.
When discussing listing platforms of any kind, we can’t forget to include Craigslist.
Users can search listings by a number of specific asset types, which can be found under the Housing category on Craigslist’s home page. Interested buyers can expect to find vacant, recreational, waterfront, and a variety of other land offered for sale within a specific geographic location.
Users can search for properties by country, state, sale price, and acreage. LandSaleListings also includes a great deal of international land for sale – an uncommon feature among listings platforms.
LandLeader is a property marketing platform specializing in land, farms, waterfront properties, timberland, recreational land, ranches, and hunting land for sale. It offers listings in over 35 states in North America.
The platform allows users to search its database of listings by property type, acreage, state, price range, or a specific keyword.
Touting itself as “The Advanced CRE Marketplace,” CREXi includes listings across more than 15 different property asset types, including land for sale.
In addition to selecting a specific asset type, users can further narrow down their search by adding a location, broker, or a specific keyword filter.
Lands of America
Like LoopNet, Lands of America is owned by the CoStarGroup.
This platform focuses on rural real estate, and it has over 40,000 listings such as land, farms, ranches, acreage, and country homes for sale in North America.
Users can search for listings in any state, and then further dive into specific regions, counties, cities, and land types.
Commercial and Industrial Multiple Listing Service
The Commercial and Industrial Multiple Listing Service (CIMLS) is an all-inclusive platform for various types of commercial real estate for sale, including land, farms, and ranches.
CIMLS currently has over 320,000 registered users and $500 billion worth of commercial property listings spanning across all 50 U.S. states, plus Puerto Rico and the District of Columbia.
Leavitt Digital is a listing distribution platform helping real estate owners and brokers reach more potential buyers by syndicating its listings to hundreds of news websites around the world.
Nevertheless, the site also features a powerful search tool that allows visitors to look for properties in more than a dozen asset categories, including land. Both searching for and listing of commercial properties for sale or lease on the site are free.
Brevitas allows users to search both on-market and private listings in a number of asset types, including land, in over 60 countries. The private listings inventory is available exclusively on Brevitas.
In an effort to create value for both buyers and sellers, the platform’s paid membership plans also offer team collaboration and marketing tools, including custom flyer and HTML templates, email campaigns, and contacts management.
Even though all the platforms we reviewed in this article are worthwhile a look, ultimately each prospective buyer will settle on using only the one or two that best suit their geographic interest, land type focus, or simply their personal preference.
The Off-Market Advantage
Commercial listings platforms can definitely be useful in finding good land sale opportunities, however they can’t match the crucial analytical power of off-market data.
Prospective investors should first take advantage of off-market information in order to gain full understanding of their target markets and property types. They can then pair this newfound knowledge with their listing platform of choice to find the perfect land deal at the right price.