If you're planning to build a retail business location, purchasing vacant commercial land is an excellent option. However, it's essential to choose the right piece of land to ensure that your business is successful. Here are three things to look for when purchasing vacant commercial land for your retail business location:

1. Location

The location of your retail business is critical to its success. You need to choose a location that is easily accessible to your target audience and has a high level of foot traffic. Look for areas with high visibility and easy access to major roads or highways.

You may also want to consider the demographics of the surrounding area, such as the age, income, and interests of the local population. Additionally, research the zoning laws and regulations in the area to ensure that your business is allowed to operate in that location.

2. Utilities and Infrastructure

When purchasing vacant commercial land, it's essential to consider the availability of utilities and infrastructure. You need to ensure that the land has access to electricity, water, sewer, and gas lines, as well as internet and phone services.

Check with the local utility companies to confirm that these services are available and to obtain estimates of the costs to bring them to the property. You should also consider the condition of the roads leading to the property and the availability of parking and other amenities.

3. Environmental Factors

Environmental factors can have a significant impact on the value and suitability of vacant commercial land. You need to consider the site's topography, soil quality, drainage, and potential for natural disasters such as floods or earthquakes. Additionally, you should assess the risk of environmental hazards such as soil contamination or air pollution.

Conducting a Phase I Environmental Site Assessment (ESA) can help identify potential environmental issues and ensure that the property is safe for development. It is important to thoroughly understand all environmental factors that may impact your ability to build a new commercial space. As a business, you are held to higher standards for evaluating environmental risks than when buying a residential property. 

In conclusion, purchasing vacant commercial land for sale for your retail business location requires careful consideration. You need to choose a location that is easily accessible to your target audience, has access to utilities and infrastructure, and is safe for development. By keeping these three things in mind, you can make an informed decision and ensure that your retail business location is successful.