Vacant land is one of the most valuable assets in any city. It’s not only a great way to create jobs, but it’s also a great way to build wealth.
You can buy vacant land at a fraction of its value, and then rent it out to other businesses. This gives you a steady stream of cash flow while you wait for the property to appreciate in value.
Vacant land business ideas are one of the best ways to start a new business. There are many vacant land businesses that can be started with little investment. You can start a vacant land business in any part of the world.
If you want to start a vacant land business, then you should first find out if there is a demand for such a business. This is because if there is no demand for vacant land business, then it is better to look for another business idea.
Read: Best Outdoor Business Ideas to Start
There are different types of vacant land business opportunities available today. Some people prefer buying and selling real estate while others buy or sell property as an investment opportunity.
How to make money with vacant land?
Vacant land is one of the most lucrative real estate investments available today. It is a great way to get started investing in real estate without having to spend thousands of dollars on a down payment.
You can buy vacant land for as little as $1,000 and sell it for much more than that. You can even rent it out if you want to earn a passive income.
Business Ideas For Vacant Land
If you want to start a business, then you need to know how to get started. There are many ways to go about doing this, but one of the easiest ways is to buy land. This is a great option if you don’t have much money to invest, but still want to start a business.
Buying land is a great way to start a business. If you have a vacant piece of land, you can turn it into a business. You can build a house on it, or even a small building.
The only problem with buying land is that it can be expensive. So, before you jump into this, you need to make sure you have enough money to cover the cost.
Here are some of the best Vacant Land Business Ideas:
Renting Out Your Property
The most common type of vacant land business is renting your property or land to others for a fee. In this case, you will have to rent out your property and charge people who wish to use it. Some examples include letting rooms to tourists, letting rooms to students, letting rooms to families etc. Another example would be letting rooms to workers during off-peak hours so as not to disturb other tenants.
This is one of the old school business ideas for vacant land.
Farm Stand
Another good way to make money from vacant land is by setting up a farm stand on your property. A farm stand is where farmers sell their produce directly to customers. The advantage of having a farm stand is that you get to keep all the profits made from selling food products. However, before starting a farm stand, you need to ensure that there is enough space available for parking vehicles and also for storing goods.
RV Storage
Another great option for making money from vacant land is RV storage. Many people travel around using recreational vehicles. These RVs usually take up quite a lot of room when they are parked at home. Therefore, these owners often opt to store them away somewhere else while they are traveling. For those who own an empty plot of land, they could set up an RV storage facility.
Boat Storage
Another popular choice among vacationers is boat storage. Boat owners often leave their boats unattended while they go on vacations. They do this because they don’t know how long they might stay away. When they return, they may forget about their boats until next time. To avoid losing their expensive boats, they park them in places like vacant lots. By doing this, they save themselves from paying high fees every month to hire someone to watch over their boats. This is one of the lucrative business ideas for vacant land.
Campground
If you live near a beach or river, you can open a campground. Campgrounds provide accommodation facilities for travelers who come to visit beaches or rivers. People pay to stay here overnight. As a result, you earn extra income through charging guests for staying at your campsite.
Park
You can also run a small park on your vacant land. Parks offer visitors various activities including swimming pools, playgrounds, picnic areas, sports fields, tennis courts, basketball courts etc. All these amenities attract more visitors which means more revenue for you. This could be the best business ideas for vacant land.
Wind Farm
A wind turbine is basically a machine used to generate electricity from wind power. Wind turbines are very useful since they help reduce pollution caused by burning fossil fuels. It has been estimated that wind energy accounts for approximately 2% of global primary energy consumption today. With the increasing population, we expect this figure to rise significantly in future years. That being said, there is still plenty of unused land across the globe.
Firewood Business
A firewood business involves collecting wood from trees growing naturally on private lands. This kind of business requires some skills such as climbing tall trees and cutting down branches with axes. You then transport the collected wood to nearby sawmills. Once processed into logs, the finished product is sold to consumers. Firewood businesses are generally seasonal but if done right, they can last throughout the year.
Raising Livestock
There are many ways to raise livestock. Some people choose to breed animals while others prefer buying them ready-made. Either way, raising livestock provides additional sources of income. If you have a large piece of land, it would be ideal to start breeding cattle. Cattle require less maintenance than other types of livestock so you will not spend much time working on them. In addition, cows give birth to calves once every two months.
Dairy Farm
There are different kinds of dairy farms. One type produces milk only whereas another one makes cheese. The latter is better suited for commercial purposes. However, both produce milk which can be turned into butter, cream, ice creams, yogurts, cheeses, etc. Dairy farming is best carried out during summertime due to increased demand for fresh milk. During winter season, farmers tend to sell off their stock before slaughtering them.
Horse Stable
Owning horses is an excellent source of passive income. Horses need regular care and feeding. Therefore, you must ensure that you keep your horse stable well maintained. A good place to set up a stable is where there is ample space for grazing. Also, make sure that you get permission from local authorities before setting up a stable.
Self Storage Facility
This is probably the most common form of self storage facility. Self storage units allow individuals to store items like furniture, appliances, cars, boats, motorcycles, tools, lawn mowers, bicycles, garden equipment, books, clothes, toys, musical instruments, sporting goods, antiques, collectibles, artworks, etc. These items remain safe inside the unit until needed. When required, owners simply take the key and unlock the door.
Apple Orchard
An apple orchard is essentially a farm devoted entirely to producing apples. Apple production takes about three seasons per year. Apples grow best when temperatures range between 15°C and 25°C. They also thrive under high humidity levels. To harvest apples, pickers use special pruning shears called “bitter spurs”. After picking, the fruit is transported to packing houses where they undergo further processing.
Gardening Center
If you love gardening, this could be a great opportunity for you. There are several things involved in running a successful gardening center including marketing, inventory management, customer service, accounting, sales, purchasing, shipping, delivery, billing, invoicing, payroll, taxes, insurance, legal issues, etc. It’s important to note that these services may vary depending on whether you operate independently or through a franchise system.
Christmas Tree Farm
A Christmas tree farm is similar to a nursery except that trees are grown specifically for sale at holiday times. This business requires more capital investment compared to nurseries but has higher profit margins. You should consider starting a Christmas tree farm if you live near a major city because customers travel long distances to buy Christmas trees.
Golf Course
Starting a golf course involves investing money in land acquisition, construction costs, maintenance expenses, advertising, hiring staffs, training courses, etc. Golf courses require constant upkeep so it will cost you time as well as money to maintain them. If you have enough funds, then you can start with a small-scale operation. Otherwise, you’ll need to build a large scale operation first.
Junk Yard
You don’t necessarily need much cash to open a junk yard. All you need is some free space and a truck. Junk yards offer various types of products such as scrap metal, auto parts, tires, household waste, old computers, electronic devices, used clothing, shoes, jewelry, etc. Some people even hire workers who sort through garbage looking for valuable materials.
Paintball Course
The paintball industry is one of the fastest growing industries today. Paintballing centers provide players an exciting way to spend their leisure time while having fun. The game consists of two teams shooting each other using paintballs which explode upon impact. Players wear protective gear before entering the field. Once there, they must shoot opponents from behind barricades. Each team shoots its opponent once every five minutes.
Outdoor Shooting Range
This type of business allows individuals to practice target shooting without spending too much money. Outdoor ranges usually consist of indoor facilities equipped with targets, benches, storage areas, restrooms, etc. These businesses often rent out equipment like guns, ammunition, rifles, pistols, shotguns, airsoft guns, laser tag systems, archery supplies, etc.
Concert Venue
Running a concert venue means organizing events such as concerts, plays, festivals, sporting events, fairs, carnivals, parades, weddings, funerals, religious ceremonies, political rallies, charity fundraisers, trade shows, conferences, conventions, seminars, expositions, etc. Concert venues typically charge admission fees ranging from $5-$50. Depending on your location, you might find yourself competing against larger companies that own multiple locations.
Plant Nursery
Nurseries sell plants year round. They also grow flowers during springtime. Plant nurseries may be located indoors or outdoors depending on weather conditions. Most plant nurseries use hydroponic techniques to cultivate plants instead of soil. Hydroponics uses water rather than dirt to nourish plants. It’s easier to manage this method since all nutrients needed by plants are provided directly inside containers.
Beekeeping
If you love bees, then starting a beekeeping business could be perfect for you. Beekeepers collect honey from hives and sell it at local markets. You can either buy empty frames from suppliers or make your own. There are many ways to keep bees including natural methods, semi-natural methods and fully synthetic methods.
Farmers Market
A farmers market sells fresh produce grown locally. Farmers markets have been around for centuries but only recently has technology made them more convenient. Nowadays, most farmers markets operate online where customers order items via computerized kiosks. Customers pay in advance so sellers know how much inventory to purchase. This makes sure that everything sold will arrive safely.
Furniture Upcycling
Upcycled furniture refers to recycled pieces of wood that were previously discarded. Furniture upcycling involves cutting down trees into usable lumber and turning these scraps into new furnishings. People interested in upcycling furniture should consider taking classes offered by community colleges or vocational schools.
Car Washing
Wash cars for people who don’t want to do it themselves. Car washes offer services like detailing, waxing, polishing, cleaning windows, washing rims, vacuuming, shampooing, drying, deodorizing, etc. Some car wash owners even clean vehicles after accidents. If you’re looking for a side hustle idea, try offering your services to nearby residents.
Mechanic Workshop Business
The mechanic workshop is an excellent way to earn extra income while learning about the mechanics behind automobiles. Mechanics repair engines, transmissions, brakes, suspension components, steering mechanisms, electrical wiring, exhaust pipes, tires, wheels, body parts, etc. The best part? Many auto shops allow their employees to work offsite. So if you live near one, why not start working there?
Wool Production Business
You’ll need some sheepskin before you begin producing wools. Sheepskin comes in different types: cashmere, mohair, angora, alpaca, llama, vicuna, chinchilla, rabbit fur, camel hair, goat hair, yak hair, etc. Wool production businesses include shearing animals, processing raw materials, dyeing, weaving, knitting, selling finished products, etc.
Spa Retreat Center
People spend lots of money going to spas for relaxation. A spa retreat center offers guests a chance to relax without having to leave home. Spa centers provide massages, facials, manicures/pedicures, reflexology, aromatherapy, yoga, meditation, saunas, steam rooms, whirlpools, jacuzzis, hot tubs, cold plunge pools, ice baths, mud packs, herbal wraps, etc. These treatments help relieve stress and promote overall health.
Co-Working Space
Work from anywhere with co-working spaces. Co-working spaces give freelancers access to shared office space, computers, printers, fax machines, copiers, scanners, phones, internet connections, meeting areas, conference rooms, coffee makers, snacks, drinks, showers, laundry facilities, parking, etc. They also usually charge monthly membership fees which cover all the above amenities plus utilities such as electricity, water, heat, air conditioning, Internet service, phone calls, etc.
Drive-In Theater
If you love movies, then drive-in theaters are perfect for you. Drive-ins feature large screens, comfortable seating, concession stands, bathrooms, etc. You can watch films on any day of the week. Most drive-ins require reservations because they fill up quickly during peak hours. However, many drive-ins now accept walk-ups.
Glamping Facility
A glamping facility provides camping accommodations but adds luxuries like private cabanas, hammocks, fire pits, outdoor kitchens, gourmet meals, wine tastings, massage therapy, etc. Glampers enjoy being outdoors yet still feel pampered. This business model has become popular among celebrities and wealthy individuals.
Biking Course
Are you interested in becoming a bike instructor or coach? Bicycling courses teach students how to ride bikes safely, maintain them properly, fix flat tires, change gears, adjust seat height, handlebars, pedals, etc.
Hunting Property
Are you passionate about hunting? If so, consider buying land that’s zoned for hunting. Then lease it out to hunters who want to hunt on your property. Some states even offer tax breaks for people who buy land specifically for this purpose.
Fitness Studio
Do you have experience teaching fitness classes? Consider opening a studio where clients pay to take exercise classes. Classes may be offered indoors or outside depending upon weather conditions. Fitness studios often hire personal trainers to work one-on-one with their clients. Personal training is an excellent way to make extra income while helping others achieve physical goals.
Petting Zoo
Many pet owners would rather keep pets than get rid of them when they move into new homes. Petting zoos allow these animals to live out their days at no cost to the owner. The zoo charges admission to visitors who come to see the animals. Many petting zoos operate year round.
Vacant land is an excellent source of revenue for those who know how to turn it into a profitable business. The best way to do this is by developing the property and selling it at a profit, but there are other ways as well.
One such method involves buying vacant lots in areas that have high demand for housing or commercial space. This can be done through real estate agents or private investors.
