Newbie: Commercial Land: Best Approach

[Kelly Spafford]

My father recently got a piece of commercial property through foreclosure. He has offered it to my wife and I to leverage into a larger home (if we cover his costs). It is a beautiful piece of property on the freeway with stunning views of Mt. Shasta.

Questions:
1. Is selling it a rational option in this market?
2. If so, what is the most effective way to get it in front of the right audience (Hotel Developer?)
3. Alternatively, is it reasonable to consider trading for a piece of commercial property (using as an entry point into commercial real estate)?

Thank you for your help & advice.

Kelly ....