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Ways to make money off land without selling, leasing, developing, or farming?

Personal Finance & Money Asked on November 2, 2020

What are some ways a company might make money off of land, other than selling or leasing it to tenants?

I’m trying to solve a bit of a weird business puzzle. Part of it involves a person who says he has a company that buys land which is very profitable, but he does not sell, lease, or develop on it. I asked if his company perhaps farms the land, but he said no to that as well. He said they have some way of making money off the land itself.

2 Answers

One option is exploiting, leasing or selling the mineral rights for the land.

Correct answer by Eric on November 2, 2020

For the conditions given, a person can make profit out of land by some options:

  • putting billboards
  • putting cellphone towers
  • putting solar panels and sharing the electricity with local electricity company
  • Allowing Vehicles to park during office hours and charge for parking
  • Allowing to park RV as camp site
  • Allowing to put a tent for an event for specific hours
  • Allowing mobile restrooms to be put for an event and move them post the event

UPDATE

  • If there are trees in the land already, we can sell off the fruits from the tree and make money
  • If there are trees in the land already, we can cut them off and make profit
  • If the land is a green pasture, we can leave the land for cattle grazing and make money
  • If there are trees in the land, if possible, we can put tree house and rent them
  • If there are water sources like pond, we can allow kayaking in the pond

Answered by Venkataraman R on November 2, 2020

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