One of the best ways to invest your money is investing in land, no doubt. This is so because lands appreciate over a period of time.
If you have thought about investing in a vacant lot, or maybe you have already acquired one and aren’t sure of what to do with it, coming across this guide is the best thing you have done at this moment, as this guide will reveal to you small business ideas for vacant lots.
Many people have difficulty understanding what the potential uses of raw land can offer, and with a little imagination, there will be plenty of great opportunities to become a landowner.
People ask frequently; is vacant land a good investment? What are empty plot business ideas? If you have asked these questions too, then this article will do justice to all you need to know about making money from your empty lands.
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Small business ideas for vacant lots
There are numerous business ideas for vacant lots you can try out on your empty land when you have this type of space lying fallow.
Here are 50 business ideas for vacant land.
1. Warehouse
The warehouse is one of the most versatile business ideas for a vacant lot. It can be used to organize and store just about anything. Not only is it a great place to store your personal belongings, but it can also be used as storage space by other people or businesses. There are also different Warehouse Business Ideas you can choose from.
The two main types of warehouses are the cold and dry warehouse and the warmer and wet warehouse. This property could also be used as a retail outlet for products that need to be stored with an emphasis on the rental aspect of this business idea.
2. Antiques Shop
You can set up your own antique market that people can visit on your property as antique markets are only popular in rural areas.
If you’ve got old stuff lying around, you’re in business! You can start a small antique shop or a second-hand store. Advertise your lot as a place to find rare collectibles and antiques. A lot of people are looking for unique things to spruce up their home with, so get crafty and make money while doing it!
3. Salon
A salon is a great business idea for vacant lots because there are so many people that go to salons to beautify their hair. Not only does this give you a customer base, but it also gives you the opportunity to make money from those that leave their hairstyle footprints in your salon. The main thing needed for this business idea is the space and equipment to prepare the clientele’s hair. This could be a side-hustle or an additional source of income for anyone with this line of work.
4. Custom T-Shirt Printing Shop
A custom t-shirt printing shop is a great business idea for vacant lots because there are so many people that wear these types of clothes. These shirts can be used to promote events or advertise a company or business. One of the main factors needed when operating a custom t-shirt printing shop is the equipment needed to make them, but they do not need to be as sophisticated as ones found in a factory.
5. Repair Shop
A repair shop is one of the perfect business ideas on empty land because it enables many people to profit from their cars. Not only does a repair shop allow you to fix up your car, but it also gives you the opportunity to make money by fixing the automobiles of others. One of the main factors needed when operating a repair shop is the automobile tools needed to do the job. This can also be a side-hustle or additional source of income for anyone with this line of work.
6. RV Storage
Recreational vehicle storage is another small business idea for vacant lots. There are so many people that own RVs and want a place secure to keep their RV. With it, you can help people secure their outdoor surfaces by taking space on your land if you don’t use them constantly.
Starting a business where you store those recreational vehicles and others on your property for a regular fee is innovative. This gives you the opportunity to make money by providing a secure space for their RVs.
7. Handyman Shop
A handyman shop is a great business idea for vacant lots because there are so many people that need some home repairs and minor construction projects. This gives you the opportunity to make money by selling supplies needed to maintain their homes, as well as perform other household repairs and minor construction projects.
8. Campground
If your vacant land is close to a tourist area or just gives some neat impressions, it can be turned into a campground and rented space to travelers and tourists.
9. Farm Stand
If your piece of land is in a decent location, a roadside farm stand isn’t a bad idea. The rest of your land can be used to grow or produce food to sell.
10. Produce Farm
You can also use your lot to grow produce that can be sold to restaurants or food retailers. Such farm products can be vegetables, fruits, and spices
11. Firewood Business
If you have lands that are stocked with trees, you can use them as a source for timber or firewood to sell.
Additionally, if you have the luxury of time, you can gather wood from other sources and use your land as a processing space.
12. Wind Energy Farm
If you have land space big enough in the right location, you can create an opportunity for generating wind energy. It has become a major alternative to generating electricity.
13. Start a solar energy business ($7.2M/year)
Set up some solar panels on your land, and work with local communities, businesses, or energy providers to offer solar power to them. A solar energy business might be your path to making steady millions.
14. Self Storage Facility
Your empty space can serve as some storage units, and you can offer self-storage options to local consumers.
15. Raising Livestock
If you have enough know-how to raise animals and your space is large enough, you can raise animals like chickens, cattle, and make a business opportunity out of it. Although livestock might be seasonal or highly risky.
16. Junk Yard
With your vacant land, start a junkyard or scrapyard business where people can bring unwanted items, and you can sell this unwanted junk to others manufacturing companies for high profits.
17. Outdoor Shooting Range
An outdoor shooting range where people can take target practice wouldn’t be a bad idea on your land.
18. Paintball Course
Set up a paintball course on your land and welcome groups of customers, as it is more of a recreational business.
19. Dairy Farm
You can also raise animals like cows that would produce dairy products like milk and cheese, which you can sell out for maximum profits.
20. Horse Stable
A business idea for vacant land that is proximal to people could be a horse stable business where you offer riding opportunities and lessons.
21. Wool Processing
Create a business opportunity with animals like sheep or alpaca by processing their wool and turning it into yarn and fabric on your empty land.
22. Goat Rentals
With your empty space, if you have the ability to raise goats, you could be starting a unique business opportunity.
You can rent them out to other landowners as low-cost lawn mowing options.
23. Educational Farm
Set up a working farm on your proper and make it into an educational farm where you welcome school groups or people interested in learning about both plantation and livestock farming.
24. Tent or Hammock Camping
Consider setting up a summer camp on your property where kids can take part in outdoor recreational activities.
25. Sports Fields
Setting up sports fields and renting them out to school groups and teams during sporting occasions is another business idea you can start on your land.
26. Biking Course
You could come up with a course where people can ride motocross or BMX bikes or take part in similar activities.
27. Zipline Course
If your land has access to an interesting view, you could set up a zipline that people could pay to use with the right type of space and equipment.
28. Start a tiny house building business ($1.87M/year)
Tiny houses manufacturing is also a great business idea if you have the right supplies.
You can develop tiny homes on your land and even let it serve as a sort of mobile home park for tiny homes. Serious businessmen raked millions of dollars in recent years.
29. Hay Rides
A tractor or similar vehicle can be used to pull visitors around on a wagon to create a fall-themed hayride, with this you can create a business opportunity with your vacant land,
30. Petting Zoo
Set up a petting zoo by welcoming a variety of animals to your land that people can pay to visit. You need to be very careful to run a petting zoo,
31. Apple Orchard
Apple orchards can also be entertainment outdoor enticements for people to visit. You can charge access and let people pick their own apples, while also offering a variety of apple-based products.
32. Outdoor Yoga Studio
If you have a picturesque or quiet piece of land, you could come up with your own outdoor yoga studio or facility for related activities.
33. Art Installation
You can set up an outdoor art installation that people can pay to visit, or you could allow people to visit for free and simply charge for things like food or merchandise. This could also be a type of social enterprise idea.
34. Start a parking lot business ($1.2M/year)
A parking lot could be the best idea for vacant land that is adjacent to some local attractions. You could simply set up a car park and charge a fee for people to park their cars. Don’t ever underestimate this idea.
35. Computers Repair Shop
A computer repair shop is a great business idea for vacant lots because there are so many people that have broken or malfunctioning computers. This gives you the opportunity to make money by repairing and maintaining these computers. To engage in this, you need to spare some time to learn the skill involve.
36. Ice Rink
You can put up an outdoor ice rink on your land and charge a small access fee or even make money from other things like concessions.
37. Vineyard
You can set up a vineyard as a growing items business idea and offer wine made from your own grapes. This can be taken as a source of passive income or a full-time business.
38. Start a golf course business
If you have enough space on your empty land, you can build your own golf course on a plot of vacant land.
39. Drive-In Theatre
An outdoor theatre that people can visit in their vehicles wouldn’t be a bad business idea for your land.
40. Event Rentals
You can rent out your empty space for events like weddings or corporate retreats. It is one of the fastest-growing ventures this century.
41. Landscape Supply Storage
Landscaping and home supply businesses invariably have sufficient space to store all of the items they use or sell regularly. So you could set up a storage business that caters particularly to this need.
42. Training Facility
You can use your empty space as a training facility where businesses and their employees can come to learn about things like construction, landscaping, or even drone operation.
43. Plant Nursery
You can build a greenhouse to grow plants on your property and also 0give your plants for sale at a roadside plant market.
44. Beekeeping
Beekeeping can be viable if your space is large enough, close to shrubs and flowers. Beekeeping could be an option as it requires a decent amount of space in order to operate safely.
45. Start an outdoor advertisement business
If your land is adjacent to a road or high traffic area, you can design a billboard or related kind of outdoor advertising layout and use it as a money-making opportunity.
46. Carpentry
A carpentry workshop on your empty space won’t be a bad business idea, and you use the space to build large pieces of furniture and other structures. If you don’t have the skill you can hire a specialist.
47. Farmers’ Market
Farmers’ markets are often found in cities and community organizations. You could set up one on your land and charge a small fee for vendors to participate.
48. Pop-up Facility
You could give out your land as an expense for other businesses to host their pop-up shops and events. It might be leased or on rental agreement bases.
49. Tanning Salon
A tanning salon is a great business idea for vacant lots because there are so many people that desire to have a tan. This gives you the opportunity to make money by selling tanning services to these people.
50. Camping Supply Shop
A camping supply shop is a great business idea for vacant lots because there are so many people that go camping. This gives you the opportunity to make money by selling supplies needed to maintain your equipment at home.
51. Dessert Shop
A dessert shop is a great business idea for vacant lots because there are so many people that desire to have some desserts. This gives you the opportunity to make money by serving these sweets to others.
52. Dog Training School
A dog training school is a great business idea for vacant lots because there are so many people that would like to have their dogs well trained. This gives you the opportunity to make money by teaching these dogs in a facility set up on your vacant lots. Your prospect might be security personnel from the army and air forces.
53. Pet Shop
A pet shop is a great business idea for vacant lots because there are so many people that want to buy their pets gifts. This gives you the opportunity to make money by selling these gifts and other products to these pet lovers.
54. Uniform Shop
A uniform shop is a great business idea for vacant lots because there are so many people that want a company outfit. This gives you the opportunity to make money by selling these outfits to others.
55. Orchard Farming
Your vacant land can be used to farm fruits like mango, oranges, apples among others. Fruit demands remain very high in any part of the world.
56. Boat Storage
Since both can’t be kept just anywhere, you can use your land as boat storage if it’s located in a water neighboring community.
57. Establish a Dog Park
Dog owners are always looking for places where their dogs can exercise and play. If your vacant land can be controlled and conducive for them, you can state a dog park straight away.
58. Harvest Timber
You might be lucky enough to have an empty land with economic trees. All you need to seek all necessary licenses before harvest and processing them for sale.
59. Event Centre
With your empty lot, you can open a premise that would frequently be rented out for public or private activities on a weekly or monthly basis.
60. Community Crop Garden
One of the lucrative business ideas on your empty land is to start community crop gardens is another idea if you have plots of land usually in urban areas
Conclusion
There are numerous small business ideas for vacant lots you can try out on your empty lands.
Business ideas on empty land could be a good idea if you have plots of land in a serene and proximal environment to the people.
Profitable empty lots of business ideas could include: Starting an event center, a horse stable, an antique market, and many more. This blog article has just explained how the land is versatile, profitable, and enjoyable.
