Cheap Land In America

Find Cheap Land In The United States

 Cheap Land In America Specializes In Farm & Rural land Across The Country

CheapLandinAmerica.com was founded by Doug Caffey, one of the nation’s largest acreage wholesalers, for the purpose of providing a marketplace for tracts of low priced acreage. Caffey has been in the land business over 40 years and has purchased and sold approximately 500,000 acres throughout the western states.

If requested Cheap Land in America, Inc. will email documented proof of ownership to anyone considering a land purchase. References from banks, title companies, attorneys, mortgage firms and individuals who have previously sold land to, or purchased land from, Caffey are available.

The “Law of Per-Acre Pricing” is very beneficial for those who deal in cheap rural land. Basically, this law states that “the larger a tract of land is, the smaller the per-acre price will be—and thesmaller a tract of land is, the higher the per-acre price will be.” In other words, 640 acres will sell for a higher per-acre price than will 2,000 acres; 160 acres will sell for a higher per-acre price than will 640 acres; and 40 acres will sell for a higher per-acre price than will 160 acres.

One of the basic principles of business is that prices are lower on a wholesale basis and higher on a retail basis. As an example, a person could purchase 16,000 acres of cheap rural land for $200 per acre; he could then sell one hundred 160-acre tracts for $400 per acre ($64,000 per tract); and thereafter, another buyer could purchase 160 acres, then sell four 40-acre tracts for $800 per acre ($32,000 per tract); and so on.

With cheap rural land, there is an automatic per-acre price increase with every division of the land into smaller sizes. However, it is of paramount importance to check with each state, and with each county within the state, to ascertain what subdivision regulations might be applicable. In some states, subdivision regulations are almost prohibitive, and in other states, there are almost no subdivision regulations.

 Cheap Land In America Specializes In Farm & Rural land Across The Country

So over the last 100 years, what has happened to land prices in the Imperial Valley? Much of the land is still without water, still desolate and uninhabitable, yet it is very difficult today to find land in the Imperial Valley for less than $1,000 per acre.

For a more recent example of people who decided to invest in cheap land, consider the corridor along Interstate Highway 80 in Wyoming, between the towns of Rock Springs and Rawlins. Local residents refer to the region as “barren and worthless.” Most of the cheap land in this part of the state is in the checkerboard area (ownership of alternate sections divided between the federal government and private owners), which eliminates development potential. Known as the Red Desert, the area has no power, water, utilities or maintained roads.

In 1990, land in the Red Desert could be purchased for as little as $15 per acre. Today, 20 years later, ownership is still divided between the federal government and private parties, the area still no power, water, utilities or maintained roads, and the zoning is unchanged. Yet this same “barren and worthless” land now sells for as much as $500 per acre.

For those who invest in cheap land, it is the per-acre price that is important, not the per-parcel price. For example, a 160-acre tract for $31,840 is far cheaper that a one-acre lot for $4,000. Why? Because the 160-acre tract is priced at only $199 per acre, and the one-acre lot is priced at $4,000 per acre. Ever since the Pilgrims landed in 1620 and Americans began migrating west, people have made fortunes buying land by the acre and selling lots by the parcel!

Find Cheap Land In The United States