I own a house with my siblings and I wish to monetize my share as soon as possible.  

Also, monetizing your overhead is the play as well which allows you to pay down principal faster and set yourself up to buy in the depreciated market when we hit a recession.

The fee you paid to attend basically covers the cost of the room they used.There is nothing wrong with that provided whatever they sell you provides something of value that you can monetize.  

Unfortunately this business is full of people that never get to monetizing stage and many who do that ultimately lose it all or simply quit for lack of progress.So do spend time studying. 

A good solution for you would be to talk to the seller about using a Monetized Installment Sale instead of a 1031 exchange.

How would you monetize the property?

And then somebody else would talk about their sfr in Apache Junction that they did a cash-out refinance with the BRRRR method, are seeing $100/mo net flow and etc etc.That's the key. 

It's not a nice part of town, but well loved by the locals.I have not checked zoning other than to confirm it's commercial, but may also allow more/other uses.I feel like this road will only get busier and the older properties will end up being upgraded as the town continues to push north.The property is offered with seller financing for 80k, probably pretty negotiable, but I've not gotten a response from the seller yet.I feel like the value will only go up from here, but can't figure a way to monetize the property in the meantime.I don't think the building can be saved, but maybe the original house part could be, I've not been inside yet.I know people turn larger lots on busy roads that will eventually be swallowed up into driving ranges and rock/stone yards to minimize development costs and monetize a property until it gets bought up, but this isn't big enough to do any of that. 

Since you don't really know how to value it, structure it, finance it or even tie it up, you've got a slim chance of monetizing the opportunity while you worry about loosing it.

I teach my team different ways to monetize a deal - we have 53 ways to make money on a deal (53 different combinations of entry and exit strategies).