I bought some vacant land in Dolan Springs, Arizona. 20 acres. I bought it as an investment, and here's why: Dolan Springs is 80 miles from Las Vegas, Nevada, via the old route. (currently the only route)
The new Hoover Dam Bypass is set to open soon which will shorten the drive time to Las Vegas by about a half hour. So with the problems that Las Vegans are facing with the highest rate of home foreclosures in the country along with many other drawbacks, some folks might consider living in Arizona and working in Las Vegas. With that in mind, Dolan Springs would be an excellent alternative. The land there is cheap now but when the bypass is completed later this year (2010) I, and many others, expect that the price of land in Dolan Springs will skyrocket! If you're interested in buying investment property, you can do it online. Here is the website that I used: Dolan Springs Landscapes Online
This is what my land looks like now:
I also want to mention that Dolan Springs lies about halfway between White Hills and Golden Valley, AZ.
CNBC you might want to contact Dolan Springs Landscapes.