Another thing to think about is intended use. Look at other successful commercial farms or ranches in an area for inspiration and, if it seems as though agricultural businesses are struggling to stay afloat, look elsewhere. Of course, those intending to establish cattle ranches will have very different requirements than future vegetable farm owners, although there are a few things both have in common.
Location, Location, Location
Any commercial ranch or farm should be close enough to civilization to make transporting goods practical. If an otherwise ideal property is located 17 miles from the nearest paved road and 70 miles from the nearest potential market, it simply isn't going to be feasible to get livestock or vegetables to consumers without losing money on transportation costs.
Although there is plenty of undeveloped land out there just waiting for the right owner to come by and make something of it, for most buyers, it makes more sense to purchase an already established farm or ranch. Look for running water or wells, existing ranch or farm houses, barns or stables, and adequate storage for feed and grain. If the existing structures are in good shape, it can give future owners a running start. If they are in a state of disrepair, though, with holes in the fences and boards falling off the farm house, they will only create more work and require additional investments.
The Right Broker
Don't waste time looking at sub-par parcels. The right land broker will have plenty of experience with farming, ranching, and recreational properties and will know which of them are worth the buyer's time. AFR can make suggestions and answer questions about diverse properties from Texas farms and ranches to Oregon farms and ranches for sale. This will help ensure that buyers have the best possible options at their disposal. Visit www.AmericanFarmandRanch.com for more information or to get in touch with a broker today.