I own 0.5acre industrial lot in Glendale, AZ. Cash flow ideas?

[Ethan Slusher]

I recently bought my first commercial property in Glendale, AZ and there is an additional half acre gravel lot surrounded with security fencing and a security gate.

I have long-term lease set up for the building on front half of the property, but I’d like to start adding value and cash flow to this back lot!

I’ve considered parking spaces and storage units, but I’m not sure if that is the best use so I’m looking for any suggestions! The property has M1 zoning.

Please provide any suggestions for how I can best use this land to produce additional revenue!