Most people have a fairly limited imagination when considering what can be done with undeveloped property. You'll probably understand what I mean if you just go ahead and introduce yourself as a "empty land investor" to everyone. Many people find it difficult to understand the usefulness and advantages of undeveloped land, but with a little imagination, those who are interested in owning land can take advantage of a vast array of opportunities. There are a LOT of potential alternatives available once you are aware of what can be done with a property in accordance with your local zoning and planning administration. Let's look at some concepts!
Community Garden
It might be the ideal size for a communal garden if you own a plot of land that is smaller in size but still too large for you to manage on your own. Some city lots that are unoccupied may also benefit from this. Receive in touch with government representatives to get the go-ahead, and then ask friends and neighbors whether they want to join the campaign. This is a fantastic method to strengthen the sense of "community" in your neighborhood. You may even organize a neighborhood fund-raiser where everyone contributes money to buy seeds and plants. There are always food banks that would be extremely appreciative of the fresh donations if you were to grow more food than you could possibly eat.
Protection of Wildlife
Simply maintaining your property is one of the easiest things you can do. After all, you have the right to defend your property as it is yours. You can declare a place off-limits to activities including logging, fishing, camping, and hunting. Some landowners are content to purchase a piece of property and let it revert to its natural state. There are lots of trails for kids and dogs to enjoy, so they could even farm a small portion of it and leave the rest to nature. This could be a perfect fit for the property you own if you have any affinity for environmental conservation.
Small Home Living
Have you heard of the movement to build tiny homes? What was once a small hobbyist niche a decade ago has now blossomed into an incredibly popular lifestyle design option, attracting a lot of attention from the general public and the mainstream media. The best thing about tiny homes is that they are typically constructed on trailers (not permanently affixed to the ground). Due to their infrequent compliance with any municipality's zoning regulations, tiny houses are constructed in this manner (which typically require any legal residence to be 600 square feet in size or larger). The usual tiny house is incredibly portable and has a size that varies from 69 square feet to a few hundred square feet. These homes can be located anywhere there is land, whether it is in an urban area with plenty of people or in a wilderness area far from any habitation.
Start a Farm
Some vacant parcels of land may be ideal for farming, depending on a variety of criteria, including the size of the property, the kind of soil, the temperature, the need for farming in the area, and a host of other considerations. This may be a route worth taking, regardless of whether the property is currently utilized for crop cultivation or if it might be developed for such use. In some parts of the world, farmland can be rented or sold for incredibly high prices per acre. Depending on your property's qualities, this can be a viable usage worth investigating. Try reaching out to an agricultural real estate broker if you're unsure of what to look for to see whether your property would be a good fit.
Entertainment
It might be ideal for you to just use the land for other leisure activities if you have a property that is large enough for four-wheeling, snowmobiling, dirt riding, mountain biking, paintball competitions, and other sports. These kinds of assets require almost no ongoing care and very little (if any) growth... in addition to the fact that they can be a lot of fun! Alternatively, if you prefer a more relaxed recreational use, you can just go out with your family and friends for dinner and a bonfire one evening. Not a bad way to spend an enjoyable evening that is also reasonably priced!
Survival Education
Do you have experience living off the land? It could be possible to obtain a few clearances and use your land to impart important life lessons to children and adults. It might be as easy as showing people how to gather dry firewood or as difficult as creating a modest shelter entirely out of natural materials. You could even be able to offer your land to nearby Boy Scout or Girl Scout groups so they can use it for annual camping outings. Any information of that nature can be a useful skill set to impart on others, especially younger generations. If you choose to charge a little and run it frequently, it might even turn out to be a profitable endeavor.
Gather Wood
The vast majority of people who purchase land do so with the intention of developing it; they rarely consider the wealth of natural resources that are available on the land itself. Timber is one such example, and it's funny to note that the value of this timber—which can be significant—is simply disregarded in the majority of conventional real estate appraisals.
Create An Orchard
Another option for the land would be to utilize it as an orchard, which is similar to utilizing it for farming. Whether it's used to grow nuts, grapefruit, grapefruit juice, grapefruit, oranges, pears, apples, or any of the dozens of other alternatives. Food production is a significant issue around the world, and this kind of produce is typically in great demand everywhere. Why not take use of your property's location if it has a climate that is perfect for this kind of use?
Raise Farm Animals
There's a good probability your land could be utilized for growing livestock if it's located in (or close to) a rural community. All of these animals—cows, pigs, horses, chickens, sheep, horses, and goats—need a place to live, and in some markets, selling grazing land to farmers can be a simple way to make money. Why not rent some of your expansive land to a local farmer if it isn't being used for anything else?
Living Off The Grid
Another (quite similar) subculture of people who are passionate about living "off-the-grid" exists, comparable to the tiny house movement. Going "off-grid" is a lifestyle choice for those who wish to make a statement about their independence, lessen their carbon impact, and stop using fossil fuels. As the name suggests, many of these people live in remote areas without access to any public facilities. no electrical power. No gas, naturally. zero water. zero sewer. total disconnection The majority of people who choose this way of life have their own wells, septic systems, solar and/or wind power, and alternative fuel sources. They are able to live independently and without dependency on high-priced utility firms that control the economy and set the standard of living for the majority of society. Someone who desires to live off the grid may be excellent for your property if it has no access to any public utilities.
Want more real estate-related content? Follow us on our platforms: on Facebook (PropertyAccess Philippines), on Instagram (@propertyaccessph), on YouTube (PropertyAccess PH), and on TikTok (@propertyaccess.ph).