creative uses for farmland/forest?

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Hello, there is a decently large plot of land (180 acres) about 5 minutes from the town where i work (Sherbrooke, population 150k), that i heard "through a friend" is for sale by the owner. the land has ~60 acres of cleared land and 120 acres of forest. it will probably sell for around 700,000. 

does anyone know of some creative ways to make money off farm land or forest? there is also a house and a couple other buildings that can be rented, but i'm mainly trying to think of ways to use the large acreage to my advantage.