Typically its done for open space or use for community property (ie. fire station location or other county use) and typicaly would assist in increasing tax base.  

Think: a coffee station stocked with local beans or a reading nook with plenty of natural light.

Unkempt lawns, trashy or broken down vehicles, mattresses and trash on empty lots, boarded up houses, bars on windows, dealers and hookers on the corners, the lack of stores or gas stations, occupied properties are dilapidated, etc.Or when Google maps shows stuff like this:

In my current roll, I manage 17 shopping centers of various sizes and select sites for new gas stations in the Arizona market.

I’ve seen people buy land thinking water was covered only to find out they had to pay 6 figures to get water re-routes or upgrade pump stations.

I'm also from Texas and a realtor here in the Bryan / College Station market. 

Jason there’s a monthly Albany meet up at the Pump Station and Glens Falls meet up at The Queensbury Hotel.

If you go over budget or bit off more than you are equipped to handle what do you doManaging the timeline - So you've purchased a home that seems like a valid investment opportunity.

Stationed there almost three years, sold with profit and tax break for how long we lived in the house.

I used the proceeds of the primary residence I owned in NC to grow a portfolio of value add buy and hold here in College Station.