largest landowners in New Mexico

What Is Farmland Of Local Importance?

Some of the links on this site are affiliate links. Read our full disclaimer here.

Farmland of local importance refers to agricultural land that is recognized and designated by a local government or municipality as having significant agricultural value and importance within its specific jurisdiction.

It is a designation that highlights the importance of preserving and protecting agricultural land at the local level.

How Does It Work?

The criteria for designating farmland of local importance may vary depending on the specific goals, priorities, and land use policies of the local government.

Some common factors considered for designation may include soil quality, agricultural productivity, historical significance, proximity to urban areas, regional food security, and the overall agricultural significance to the local community.

Designation as farmland of local importance typically aims to safeguard the agricultural character and economic viability of the local area.

By recognizing the importance of agricultural land, local governments can implement measures to protect it from non-agricultural development and support sustainable farming practices.

Start Investing Today

PlatformMinimumLinkAccredited OnlyInvestments
AcreTrader farmland investing platform$8,000+View InvestmentsYesUS Farmland, Timberland, Vineyards
EquityMultiple Logo$5,000+View InvestmentsYesCommercial Real Estate Properties
farmtogether new logo table$15,000+View InvestmentsYesUS Farmland
fundrise logo$10View InvestmentsNoPrivate Real Estate Deals

What Are The Benefits?

The benefits and regulations associated with farmland of local importance also vary depending on local ordinances and policies.

They may include zoning regulations that prioritize agricultural use, financial incentives for agricultural activities, support for agricultural infrastructure development, and programs that encourage the preservation and conservation of farmland.

These designations help ensure that agricultural land remains an integral part of the local landscape, economy, and culture.

Don't Miss This Opportunity!

Invest In U.S. Farmland And Timberland Passively With AcreTrader!

 

Each parcel is divided into shares, and investors can purchase shares to earn cash distributions as well as benefit from the land value appreciation.

Farmland Riches is affiliated with AcreTrader, and we may earn a commission when you sign up for AcreTrader.

Scroll to Top