Trading a $3000 van for 2 acres of land!

[Lark Mercer]

Alright, so about 8 months ago I bought a camper van to live and travel in to see the world. It is totally self sustainable with solar power and generator power. It has the full set up inside for sleeping and living. I did a road trip in it for 6 months where I traveled from Georgia and zig-zagged my way up to Oregon and then zig-zagged back to Georgia to sell my investment. So basically to me it has paid for itself 10X because of all the experience I've been able to obtain from it. So, when I put this item on the market place to trade for real estate and then a buddy of mine messaged me to see if I wanted to trade it for 2 acres of partially cleared land. The land didn't have a well or septic tank and is zoned ag1. From my research I've found that I can put 1 sfh per acre of land. I'm not going to do that though. My idea is to do a lease to own option where I require a down payment plus $350 a month for 15 years per acre of land (2 individual acres) Does this sound like a feasible plan and if not what advice would you give? Also, it's in rural area so finding comps for it has been extremely hard. What method do you suggest me to find comps for this? Contact a real estate agent? It's also a part of his 5 total acres and we would need to divide them out so I can get my two acres and then split my two acres into two 1 acre plots. Would an attorney do that for me?

[Aaron K.]

The land being valued higher is probably actually a bad thing because it will just mean the property taxes on it will be more while you hold it and it sits vacant (likely for a long time)  My guess is that is part of the reason the current owner wants to get rid of it.