A successful agricultural business has very specific needs when searching for new land to purchase. A top-notch rural commercial real estate broker should be able to provide you with an understanding of the local farming industry and its history. They should also highlight any potential environmental or safety regulations. Furthermore, a broker that’s up to snuff should be able to help you get rough cost estimates for transportation of your goods from farm to market.
Understanding Farm Real Estate Geology
A real estate agent specializing in farmland should be well informed of any geological logistics regarding the soil on all land available for sale or lease. Is the soil still fertile? Is there a slip potential? A knowledgeable broker will insist on soil testing and analysis so that you can better understand the potential profitability of the land. Is the farmland or former farmland zoned for commercial, retail, or industrial use?
Suitable Farmland Warehousing Locations
Farmland near transportation access can be a fantastic location for a new warehouse. Make sure your real estate broker has experience in the industrial sector. They should have at least cursory familiarity with the logistics of moving and storing goods, as well as the specific requirements of the local zoning laws. There are sometimes many modern warehouses for sale or lease — which a quality real estate broker should be able to direct you towards the moment they hit the market.
Space to Grow Your Small Business
We’ve all seen it — farmland is often converted into commercial or retail development. Providers of real estate services for small businesses should be familiar with the local business climate and have a good understanding of the potential for small business growth in the area. Furthermore, a real estate development team worth their salt needs to be able to look at current trends nationally. Any businesses looking to expand should be made aware of applicable trends so their investment doesn’t end up underwater.
Good brokers can also give you demographic information for retail spaces and pinpoint rental locations in the area with the most traffic. Commercial farmland brokers tied to full-service development companies like Schueler Group can you also help you weigh the costs of your lease versus the potential profit you’d make.
Resources at Your Disposal
Buying or leasing farmland is a significant investment, which is why you don’t have to go it alone. An experienced real estate developer can help guide you toward local government incentives and community programs including tax breaks, grants, and low-interest loans designed to make farmland real estate development more accessible. When choosing your team, look for one with solid community partnerships and a proven track record in your local area.
Commercial Real Estate Teams Combine All This Knowledge and More
You’ll want a team of experts sharing this knowledge to ensure you’re making an informed decision for your next real estate purchase, farmland or not. Having a genuine interest in the market and spending the time to learn its trends is important — but having a good relationship with contractors, developers, and local government officials are all marks of a real estate broker who can take your property beyond what anyone can achieve on their own.
Farmland for Sale Now
Here are some of our best agriculture-oriented land listings in and around southwest Ohio.
- Kilby Farms: Over 10 acres of flat terrain zoned for heavy industrial use.
- Liberty Township – Cox Road Corridor Land: Excellent location close to local amenities and popular developments. Zoned for agricultural use.
- Arrow Springs Farm: Large lot with great local incentives. Good opportunity for high-tech manufacturing or R&D campus setting.
- Interstate Development: Part of a Joint Economic Development District between the City of Lebanon and Turtlecreek Township, a planned gateway district to a fast-growing residential and commercial area.
Salzman Farms: Over 50 acres with industrial zoning and convenient access to State Route 63 and I-75.
