There are a number of points to consider when conducting a bare land property search, Shaun Tong land agent in the Hawkes Bay, New Zealand (NZ) can discuss these with you.

Bare land - checklist

...we were impressed with your professionalism. Jane & Warwick Tombleson.

Physical considerations

Boundaries
Pegged and fenced?

Access
Any Rights of Way that may affect you or surrounding property
Entranceways formed or do they require culverts/upgrading etc?

Fencing
Good boundary fencing?
Further internal fencing required?

Subdivision
Usually the vendor is responsible for all costs associated with subdivision
From resource consent being granted it can take up to or in some instances more than six months until issue of Title
Settlement occurs upon title issue in most cases
Check services to be supplied and easements to be created
Check land covenants

Building Platform
Cost of earthworks required (if any)?
Retaining walls required?
Required distance from boundary for buildings?
Engineer’s report?

Effluent Disposal
Check with local Council for requirements
Run-off

Landscaping
Planting to enhance – prior to building
Wind protection required?

Drainage
Required for run-off or for flat land?

Services

Water Supply
Bore on property?
Easement from neighbours bore, dam or spring?
Cost of putting down your own bore? 
Cost of rainwater storage tanks?
Cost, location, associated costs of reticulation, pumps, power, tanks, troughs?
Water meters, usage (domestic, stock, gardens, toilet, irrigation) cost of sharing electricity to pump and maintenance?
Alternative water supply – natural spring, dams/ponds

Power
Location of nearest transformer? 
Distance to house site, sufficient power supply, easements required
Alternative power supplies such as solar or wind.
Three phase or single phase power available?

Telephone
Availability of phone lines
Mobile reception
Internet access – cable or wireless
Broadband capabilities
TV reception

Legal

Land Covenants
Full list should be supplied or available through lawyer
Ensure you can meet requirements
What else is happening in immediate surrounds?
Buildings, plantings, activities

GST
Inclusive or exclusive?
Will you be claiming GST?
Are you GST registered?
Going concern