How to buy a lot in a wooden sloped area

[Agustin Conti]

I am considering putting an offer on a 2 acre empty lot, in a sloped wooden area in Western North Carolina. I have never bought a lot and have no idea what are the steps and the things to consider, when evaluating this option. I have no desire now to build anything and I don't if I  ever will. This is a pure emotional type of investment and I want to honor it. The surrounding lots are developed and have houses, It is not a closed community but it looks like one. We do have a house we rent in the area and simply love it. I don't have a plan yet for the lot but I see a lot of potential and if i don't develop it I know I would not loose money if I sell it in the future. Features: Rolling Slope, Near Level, Steep Slope and small stream and partial look of the lake. The things I have no idea about is, what to ask for..septic tank? Water and electric? how hard (or expensive) would be to build. How do you evaluate those things and more important what is the checklist I need to go over when considering a lot of these characteristics in Western North Carolina. Any tips appreciate it. Thanks