"Land is the basis of all wealth" Adam Smith, Economist and Philosopher

Countless fortunes have been made in the purchasing of undeveloped land by individuals who understand the concept of buying land and holding it until it appreciates.  But significant raw land opportunities like this have typically only existed for builders/developers, institutions, or the mega-wealthy. 

Some of the possible benifits that can be obtained with ownership in undeveloped land include:

   *Appreciation potential

   *Opportunity for better overall yield

   *Ground floor opportunity

   *Real estate portfolio diverdification

   *Simple management

   *Pride of ownership in a tangible asset