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Updated over 6 years ago,
Highest and Best Use for 3.5 Acres Zoned Industrial?
I recently acquired a 3.53 acre vacant lot located in a county industrial park with easy access to power, water, electricity, etc. It's located in a rural county in Nevada with ~ 10,000 residents. I'm looking for ideas from more seasoned investors/builders/developers to figure out the best use for this property. How much value is added to vacant land by just doing the basics of getting it professionally surveyed and getting utilities to the lot?
I'm open to all ideas and suggestions. Self-storage facilities seem to be booming everywhere these days, but I'm not sure the population of this county would support something like that. Anyways, thanks in advance for your advice!