I’m hoping to not build until I acquire more revenue from profits of the plot via flea market, parking, boat parking, or something else that requires minimal investment.

We are talking high risk to the 4th+ power. 

It is assessable only via boat.

Storm sewer, storm pond, sewer lines, water access, fire hydrants, public bathrooms, surface coverage, sidewalk or bike paths, setbacks, power lines and right of ways known and unknown, road access, etc.              5.  

Buyers have significantly more negotiating power.

(in terms of pros and cons).You can also use rentals to provide additional borrowing power if your rental currently cashflows from a tax perspective.Hopefully that helps your scenario advance forward in terms of what to ask and think about.

But the few requirements pale along side the power of using all of the profit and depreciation youve taken and use it to buy new investment real estate. 

Inspection was schedule for today but when the inspector / my realtor arrive the power is off. 

The power of leverage will make you very wealthy in a much shorter time period with RE.

Investment Info:
Other commercial investment investment.

Bought the facility in the fall of 2022. There was a disconnected phone line, no website, people living in motorhomes illegally and only about 50 per...