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Updated about 6 years ago on . Most recent reply

User Stats

90
Posts
28
Votes
Travelle Mason
  • Rockville, MD
28
Votes |
90
Posts

Creative ways to sell an EMPTY LOT

Travelle Mason
  • Rockville, MD
Posted

I have a potential property that I am interested in acquiring that is cashflowing quite nicely. The catch is, the lot next door is listed separately and must be sold with it!

What do you do with an empty lot when the cost of building another property is not worth the hassle?

  • Travelle Mason
  • Most Popular Reply

    User Stats

    15
    Posts
    9
    Votes
    Tyler Hiatt
    • Specialist
    • Kansas City, MO
    9
    Votes |
    15
    Posts
    Tyler Hiatt
    • Specialist
    • Kansas City, MO
    Replied

    @Travelle Mason, this sounds like a great opportunity to get in touch with an architect/designer and have them think about the options. Architecture is my line of work and the number one marketable skill there is problem solving. Off the top of my head, depending on the location, you could: build a solar panel array, create a covered parking area that rents at a premium, donate the land for a tax break if possible, create a pocket park and generate a new energy for the neighborhood, etc. PM if you want to share some pictures or drawings, and we can talk more!

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