Searching for land in Baton Rouge?
If you are interested in buying land in Baton Rouge, or anywhere else for that matter, there are many things you need to know before you sign on the dotted line. First and foremost a buyer must ensure that land they intend to purchase can actually be built on. A common misconception, just because you own a piece of land doesn’t mean you can build whatever you want on it. To avoid legal issues and trouble with the local government, investors must first understand what entitled land is and also be aware of land zoning requirements.
Is the Land Entitled?
There are a number of required governmental and regulatory approvals that must be acquired before you can develop on a piece of purchased land. Before breaking ground and use you must first have your land entitled. However, completing that process can be a bit complicated. Having your land entitled can require compliance or approval in the following areas:
- Connectivity to the needed off-site utilities
- Cable Lines
- Department of Transportation
- Department of Environmental Project
- Army Corps of Engineers
There are many elements involved in having your land entitled. The best way to avoid issues is to consult with a commercial real estate practitioner who specializes specifically in the purchase and sale of commercial land. Having an experienced professional in this area will help save time, money and a lot of headaches!
How is Your Land Zoned?
If you are purchasing land for a specific use, you should ensure that the asset is properly zoned for what your needs. For example, say you want to build a retail store on your piece of land, but it turns out that it is only is zoned for residential. In that case, you would probably end up kicking yourself for not checking the zoning requirement prior purchasing that land. Typically an owner can apply to have the land zoning changed to their specific use, but that is not always the case. Sometimes, an owner can’t change the zoning to accommodate their needs.
Let Our Advisors Help You
Our educated Advisors know what to do when it comes to helping clients buy or sell commercial land. If you need help acquiring or disposing land in Baton Rouge, please reach out. We would be more than happy to discuss your needs, and help you find the best solution.