Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Flood Plain Development ideas
I'm currently looking at acreage inside City Limits with an opportunity to develop but the problem is that the property is in a flood plain. Does anyone have any experience coming up with creative ideas for acreage located in a flood plain? I know the city won't allow for development of homes/mobile homes in the area but I'm curious if anyone has come up with other creative ideas? One thought was to do Truck Parking or possibly do a Taco Truck park. Any other ideas anyone come across? An RV park came to mind as well as there are existing slabs from the previous mobile home park that was there before it was forced to close due to the flood plain, but I am not sure that it fits the local demographic for that area where the land is located as I don't see many of the locals having RV's to park and store. Looking forward to see what some investors might have come across.