7 Creative Uses of Recently Bought 5 Acres for Sale Near Me
When most land buyers find the perfect 5 acres for sale near me, they can hardly see the plot’s potential. Most of them will buy rural land with the idea of building a house sometime in the future or simply expanding their portfolio. However, having vacant land leaves space for a lot of creativity. If it’s hard to get your imagination going, here are seven ideas to consider.
Delve Into Beekeeping
Bees are the essential pollinators for food crops. Yet bee populations continue to decline due to the excessive use of pesticides and climate change, which could mean a huge problem for our food sources. So, if you’re an advocate of nature, you might want to start a beekeeping farm on your land.
In addition to contributing to the population’s well-being, you can make some extra profit by selling honey and other byproducts such as propolis, beeswax, and royal jelly. On average, you can expect a profit of $300-$500 per hive a year. The best way is to start slowly with a few hives as you’re learning the ins and outs of beekeeping.
Build An Outdoor Shooting Range
If you’re passionate about shooting, your five-acre vacant land is the ideal place to create your outdoor shooting range. You can practice and improve your aim. If you’re up for the challenge, set up targets and use a small motor system to have them move around. It could become the perfect gathering place where you and your friends will have a lot of fun.
And if you want to earn some passive income, you could even open it to the public. Outdoor shooting ranges offer more versatility than indoor places and are less expensive to build. You could include many stations and even get creative by adding amusing themes and decorations to make the experience more enjoyable. Of course, you’ll want to check with the gun control laws of your local municipality, county, or state before starting. You’ll also need to have knowledge about weapons and shooting, secure finances, and develop a solid business plan.
Start a Microbrewery
Beer drinking is a popular social activity. So if you’ve dreamed of having your very own microbrewery where you could invite your friends to beer tasting, your plot of land is the perfect place for it.
The US is the second-ranked country per beer consumption. Each year, Americans drink 6,367,867 gallons of beer. That means that if you want to open your microbrewery to the public, you’ll have a large market to tap into. You could start selling your craft beer to local bars and liquor stores. Microbrews are available year-round, and you could even develop special seasonal offers.
Establish an Outdoor Photography Studio
Establishing an outdoor photography studio on your rural property could be a great business idea that requires little effort and maintenance. This can be a profitable venture, especially if your land is in an attractive location with stunning backdrops. You could rent the real estate to photographers or filmmakers looking for a natural setting.
Alternatively, you could start your venture if photography is your passion. For starters, you’ll need to invest in some essential gear. That includes several photography-specific backdrops, backdrop stands, and scrim — the device used to manipulate the natural light and achieve the right quality. You may also need reflectors to bounce natural light in a specific direction.
Plant a Vineyard on 5 Acres of Land
You may fantasize about turning your passion for horticulture into a vineyard, or you may want to start a small vineyard to make a few bottles of wine. Whether you’re starting a vineyard as a hobby or a potential moneymaker, a five-acre real estate provides just enough room to cultivate your favorite grape variety.
The first step is to study the climate, choose the best grapes that thrive in your region, test the soil, and prepare the land before planting the vines. You should also do your homework and understand what you’re getting into. During the first few years, there may be little or no grape production. Also, the vines are sensitive to various pests and diseases so keep in mind that growing good grapes takes a lot of time.
Start a Christmas Tree Farm
About 25-30 million real Christmas trees are sold in the US annually, making a Christmas tree farm a profitable venture. The best thing about the business is that you’ll have a guaranteed yearly income without modifying the product. And, if you let the customers cut down their trees, there will be less workload for you (and more fun for them!).
Remember that a tree takes between six and eight years to grow, so you’ll be tying up the vacant land for a while. That being said, at approximately 1,500 trees per acre, a 5-acre piece of land will yield 7,500 Christmas trees. With a median price of $78, you’re looking at $585,000 a year.
Relax with a Yoga Retreat
Yoga lovers don’t find overcrowded city yoga studios relaxing. So, turning your plot into a yoga retreat is the perfect use of your recently purchased 5 acres of land for sale near me. You’ll be able to indulge in the calming sounds of nature, while finding your inner self, reconnecting with nature, unwinding, and soaking up some vitamin D.
You could also get a crew together and turn your yoga retreat into a business venture. Start with group classes and then go the extra mile and provide exciting outdoor activities. There are many opportunities to appreciate nature’s splendor through walks, treks, and other outdoor activities.
If you’ve found the perfect 5 acres for sale near me, there are plenty of creative options to use them. You can opt to create a private retreat, generate a passive income, or give back to the community. Hopefully, we’ve inspired you to look out of the box and recognize the versatility of raw land. Inform yourself about the zoning to narrow down ideas and get started.
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