What to do with excess land?
We recently acquired a home that sits on a 5-acre lot. We can easily rent out the house but don't know what the best use of the land would be. It is zoned A-20 or agriculture medium scale. Upon talking with the county, we can only use the land for ag-related purposes. My question to the BP community is, besides leasing out the land to a farmer or growing crops myself, what other ag-related business can I operate that would generate income? The property is situated close to the city so it's not in a rural area and it in a close proximity to a major highway, if that helps.
My current thought is to build a warehouse building and lease it out, but I'm not sure what kind of ROI I will get.
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Real Estate Agent CA (#02014485)
- Coldwell Banker Realty
- http://jeetsangha.com