Seeking Ideas by for small piece of woodland

Seeking Ideas by for small piece of woodland

Investor · Brooklyn, NY · Member since 2016 · 6 posts · 4 votes


I am looking for input on a property:

The property:

0.17 acres of woods in the vicinity of Lead Hill, Arkansas.

This is landlocked property which was part of one of those land sales where a larger lot of woods was subdivided into a bunch of tiny lots and marketed to people as an investment.

My family owns this little lot, and we don’t know how to profit from it.

Any ideas?

Chris

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  • Rental Property Investor · Springfield, MO · Member since 2017 · 266 posts · 312 votes
    5y

    Do you have legal rights to access the property by crossing land owned by others? This can be a issue in come cases.

    If you can legally get to and from the property, you have a few options.

    1 Set up a hunting stand and lease it to hunters

    2 determine if the trees on the property have value i.e  pecan, walnut, oak or other hardwood trees.

    3. Grow a cash crop (i'm not saying what)

    Just a few things that came to mind. 

    Good luck

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