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Updated: October 6, 2022

Considerations for Acquiring a Farm: Selecting the Best Farm Property (FS-1094)

A successful farm operation requires thoughtful property selection, whether you are leasing or purchasing land. When looking at properties, you need to consider how the property will support the goals in your business plan. Will the farm be productive? Will the location and regulatory environment fit into your marketing strategies, or can you adjust your strategies to suit your income needs? Is the price of the farm reasonable and realistic given your financial goals? Are there any zoning, covenant, easement, or plat restrictions that might prevent you from producing or selling what you want, where you want? Authors: Ben Beale, Greg Bowen, Paul Goeringer, and Margaret Todd; Title: Considerations for Acquiring a Farm: Selecting the Best Farm Property (FS-1094)