Does not need to have water, sewer/septic, or electric but needs to be able to obtain those services in the future.
These are some basics. You will notice that I made a big deal about the structures. In the past you COULD NOT finance a piece of land if it had a tear down shop, mobile home, or burned out house you CAN with this and this is an investor secret because....ALL THE UTILITIES ARE ALREADY THERE! That is a big expense and big unknown with most builds. If you want to take a look into financing your own vacant lot or revive a lot with a "dozer bait" structure just reach out!