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Updated almost 4 years ago,
Monetize Farmland in gilroy California
I have a 5 acre residential / agriculture zoned land south of san Jose in Gilroy, California.
What are the best ways to monetize it? My land is close to where Amazon recently acquired 66 acres of land. I am paying taxes and losing money. My understanding is farmland prices don’t increase much and I should look at ways to monetize it. Renting to farmer is an option but my research indicates rents are like $1500-$2000 per year for a 5 acre land.