Large Lot - What to do to maximize returns or decrease expenses?

[Dustin Griesing]

MFH under contract with a 0.7 acre lot. The building and the parking lot take up approximately a quarter acre, leaving me with a half acre of vacant land. Rather than this being an additional operating expense in lawn care, what might you do with it to make additional revenue or break even?

The property is in a lower property value area so vacant lots sell for next to nothing, and building new would make no sense. 

[Dakota Burkeen]

@Dustin Griesing I have seen some apartment buildings offer a small storage unit on site for $25-40 a month. Run the numbers on build cost and see if it works out, good luck!