Vacant Lot Leasing For Vehicles and Equipment

[Gabe Goudreau]

I've heard of some investors throughout the US who have had some decent success with a unique strategy: Buying a plot of land, putting up a fence, and leasing the lot to companies to park heavy equipment and vehicles on. I assume that this would work if the zoning is suitable, and there needs to be certain demand for this commodity in the particular market. Does anyone have experience with this? If so, how feasible is this investment strategy? Thanks.