1078 Boiling Springs Rd Spartanburg, SC 29303
864-585-0444

Metcalf Land Company Inc

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What Are the Benefits of Owning a Vacant Lot in South Carolina?

Posted August 21, 2021 by Metcalf Land Company Inc

Metcalf Land Company has been bringing together Upstate South Carolina landowners and land buyers for decades. From a few acres to tens of thousands of acres, Metcalf Land Company handles a wide variety of land brokerage deals.

One of the things people come to Metcalf Land Company looking for is vacant lots. Now why would a person want to own a vacant lot? Well, there are a couple of benefits of “vacant” land…

Limitless Possibilities

With vacant land, an owner typically has the potential to develop the land into what he or she wants it to be, such as a RV park, camping sites, a hunting field, or for farming. There’s a feeling of freedom about vacant land. Maybe it can be the spot where you build your dream home. Or maybe you can hold on to it as an investment, until the right time comes along to sell it and make a big profit!

Smart Investments

Vacant lots could be considered “investments with longevity.” Maybe you buy a lot for $50,000 this year, and in 5, 10 or 20 years you sell it to someone else for $250,000 because they want to put a gas station there, or a supermarket, a barn, or whatever. The nice thing about investing in a vacant lot is that you don’t have to worry about buildings on it since there are none. Buildings can become bug-infested. They can have leaky roofs that collapse. Buildings bring with them problems, whereas vacant lots are pretty much maintenance-free.

Less Issues

With vacant lots, you don’t have to worry about utility issues, renters, and taxes associated with residential properties. In some cases, you might not even have to do anything to the lot– not even worry about cutting the grass!

Finally vacant lots can be very affordable with less taxes to worry about than other properties. That alone is one of the main selling points of vacant lots.

Are you looking for vacant land in Upstate SC? Call Metcalf Land Company at 864-585-0444.

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Metcalf Land Company, Inc.
1078 Boiling Springs Rd Spartanburg, SC 29303
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From Our Blog

  • What Should You Do With a Large Plot of Land?
  • What Should You Know Before You Move to South Carolina?
  • There Are Many Reasons Why You Should Consider Moving to South Carolina  

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