While commercial land investors do pay taxes and possibly other bills, there are usually no electrical bills, no water bills, no bills for IT services, and no property management costs.
Some investors prefer a hands-off approach. Owning an undeveloped piece of commercial land or a vacant lot requires little to no maintenance or expense. There are no systems to maintain – no plumbing, electrical, data, or other infrastructure. While commercial land investors do pay taxes and possibly other bills, there are usually no electrical bills, no water bills, no bills for IT services, and no property management costs.