What to do with an empty lot?

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I purchased a house in Merced and turns out an empty lot right next to it is also mine! I rented the house, what would you suggest I do with the empty lot to maximize profit? 

Updated about 2 years ago

The property is in Merced, CA


1. What is your zoning?

2. Is it one (APN) lot or two?

3. What area? City or County? Address would be most helpful.

4. Congratulations!