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Updated almost 3 years ago,

User Stats

115
Posts
49
Votes
Mariel DeVito
49
Votes |
115
Posts

Creative ideas on how to market vacant land

Mariel DeVito
Posted

I'm not exactly sure if I am posting in the right forum but I'll ask anyway.  I stumbled into a 1.25 acre vacant land in an up and coming city.  I cannot build on the land as per zoning (which I am verifying tomorrow).  Two potential ideas: (1) keep as hidden storage area for RVs or (2) Airbnb as campsite.  The problem I have is that I can't offer water or electricity on the property.  Is this even a viable idea?  The property is listed as $19,900 but has been in the market forever so I'd offer $14,900.  This said, I see an investment opportunity even if I rented the RV storage for $100-150 per month or a nightly campsite at $30-50.  Note that the vacant lot is in a residential area so it'll be more like giving someone rights to park on my land versus 'storing' it.  Thoughts?

Oh - location is in Florida.

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