Land is an asset and one of the most profitable assets indeed. Though we are surrounded by water on all sides the land is what we need to survive. With the spread of civilization, land has become a scare entity, which needs to be conserved and used with utmost judiciousness and an eye to the future. Wondering how you can make money with vacant land in India? Don't worry, we've listed 51 business ideas for vacant land to make money from!
There is a wide range of land businesses that you might look up to in order to use your vacant land to its full potential but first, you need to consider some elemental factors like - The size of the land, Location of the land, Zoning laws of the area, Source of water, Safety hazards and precautions, Quality of soil and its composition, Vegetation and more.
Below there are business ideas that you can use to make money from your vacant land on a temporary or permanent basis depending on the type of business you will go with. So, let's dive into them without any further delay:
51 Business Ideas for Vacant Lands:
- Farming
- Outdoor Advertising
- Storage Space/Warehouse
- Plant Nursery
- Firewood Business
- Build a Spec House
- Amusement Park
- Events Centre
- Training Grounds
- Children's Educational Centre
- Athletic Fields
- Golf Course
- Railroad Storage/Access
- Restaurant Garden
- Cell Phone Towers
- RV Storage
- Campground
- Solar Energy
- Dairy Farm
- Horse Stable
- Wool processing
- Summer Camps
- Petting Zoo
- Ice Rink
- Vineyard
- Junk Yard
- Outdoor Shooting Range
- Biking/Zipline
- Beekeeping
- Antiques Market
- Farmers Market
- Yoga Studio
- Parking Lot
- Racing Events
- Agritourism
- Electrical Substations
- Film Locations
- Photoshoots/Photography Site
- Bird Watching
- School Field Trips
- As a Collateral Asset
- Resort/Villas/Tents/Tree Houses
- Herb Garden
- Drive-in Theatre
- Tiny House Estate
- Rent/Lease it Out!
- Pet Park
- Harvest Timber
- Wind Energy
- Pave a Biking/Walking Trail
- Spiritual Sanctuary
Farming
Agriculture is one of the most growing and demanding sectors in today’s world. Agriculture business means producing and marketing agricultural commodities such as livestock and crops. Your motivation for starting a farming business is the thing that will directly impact your strategy. You can plant food crops that you can sell locally or export. Agriculture-related businesses when carried out with appropriate planning, passion, and dedication can reward you with a very good income.
Outdoor Advertising
If your land is beside the highway or in any other strategic location, you can put up billboards on the land and charge the advertisers for displaying their adverts on your billboards. This type of business can earn you a consistent passive income over a long period.
Storage Space/Warehouse
Starting a warehousing business is not possible without hard work. There are two sides to this business - the first is constructing/providing the space for the warehouse, and the second is offering warehousing services.
Some points you have to consider before starting this business:
- Location of the warehouse.
- Land should be flat enough so that there is no landfilling required.
- Should have excellent approach road to the land/plot.
- The plot/land should have good width on the road for better movement of vehicles.
- The layout of the warehouse depends on the shape of the land ideally it should be square or rectangle.
- Land/plot should have the facility of water and electricity.
Plant Nursery
The world today has a great sense of fashion in everyday work. Gardeners are now showing more interest in finding new varieties of plants. The nursery business is very profitable and demanding and you can easily run your own plant nursery business without any hassles. The primary step is the availability of land. This land must be having the basic qualities of land for farming. A successful nursery offers a wide variety of young plants to the customers who purchase the plants individually or in bulk quantities.
Firewood Business
If your land is stocked with trees, you can use it as a source for timber or firewood to sell. However, processing of firewood is necessary and these woods shall also be moved from one location to another, so there needs to be a facility to do that.
Build a Spec House
The demand for housing is strong and real estate markets are booming. Building a single-family house, a multi-family dwelling could be the best use for vacant land. Investors typically make their money on spec homes in one of two ways. They can finance a percentage of the construction costs (lend money to a builder) and earn interest or share in the profits once the home is sold.
Amusement Park
An amusement park business is perfect for the fun-loving, passionate individuals who want to establish a profitable self-rewarding business. The demand for amusement parks has grown strongly over the past few years. In the coming years, growth is expected to continue and have a positive influence on the outdoor entertainment and recreational industry. Before starting an amusement park preparing a business report is a must. It helps in the development of the all-important physical planning guidance and reconfirms the physical parameters like the total land size needed, building space required, etc.
Events Centre
The special events industry has seen quite a growth throughout the years, especially in the past decade. According to research, profits in this industry are always on a rise. The average profit margin can be as much as 40%.
Special events occur for the following purposes:
- Celebrations (fairs, parades, weddings, reunions, birthdays, anniversaries)
- Education (conferences, meetings, graduations)
- Promotions (product launches, political rallies, fashion shows)
- Commemorations (memorials, civic events) and more.
Training Grounds
Your land could be perfect for organizations, such as fire departments and construction firms, to train their employees. Training is really important, especially for the defense industry and all the people working in the emergency services sector. Therefore, using your land for one such purpose would always be a win-win option for you!
Anik Banerjee
Children's Educational Centre
According to the Global industry, the private learning and tutoring market is experiencing rapid growth. Starting your educational learning center allows you to get involved with a business trend that is headed in the right direction. Starting an educational learning center also gives you the chance to make a difference in the lives of children every day.
Athletic Fields
Another business idea is to set up an athletic field where people can pay to play, and train for games like football, basketball, volleyball, and other field sports.
Golf Course
Golf is one of the leading sports around the world. It promotes health and fitness. Many golf courses today are created to cater to the needs of every golfer may it be for sports, hobbies, or simply just spending time with friends and family. The area where the golf course would be established is one of the most important factors one must consider when it comes to establishing a golf course business. You need to hire hardworking, courteous, and honest employees in your golf course business. However, if you are not prepared to devote a significant amount of time to the business, then you can certainly lease/sell your vacant for the same.
Railroad Storage/Access
You can earn money by allowing access and storage of railroad cars to the railway system. Also, consider leasing to other transportation systems such as buses and trolleys but for this, you need to have a fairly large tract of land that is well-connected with roads, etc.
Restaurant Garden
Gardening business is a fast-growing business idea that can save money and beautify the landscape while also helping the environment. Gardens can be traditional outdoor plots, formed on a smaller scale, greenhouse, or planned as a restaurant garden. A restaurant garden is a unique concept of establishing a restaurant that looks like a garden and oozes fresh air. Turning your land into one such establishment is fascinating along with being profitable!
Also Read: 10 Best Beach Business Ideas | Top Seaside Business Ideas
Cell Phone Towers
Monthly rentals from mobile tower installation may range between Rs 8000 per month and Rs 1 lakh per month. The amount may differ according to the height, size, and area of the property. The mobile tower agreement may vary from 12 months to a few years, but the owner may extend the lease to leverage a long-term benefit. The installed tower may positively impact property values.
RV Storage
The demand for Recreational vehicles or RVs is increasing with each passing day, along with any other vehicles including cars. However, the fact that RVs require almost double the space that cars require is a rather palpable truth and this is what will come in handy that you can leverage in if you have vacant land for use. Yes, think about this that you will just have to store RVs and earn money with your vacant land!
Campground
Camping is one such hobby that is never going to grow old. Hobbies that encourage people to step out of their mundane lives like camping are something that we all look forward to engaging in from time to time simply because they help us shake the dust of our sedentary lives. Here’s where your land business can proliferate!
Solar Energy
The world of non-renewable sources is threatened and is giving way to the renewable sources of energy, which is guiding humanity now. Solar energy is surely one of such sources that are capable of turning into a formidable alternative to finite sources of energy. However, it requires adequate space for the installation of solar panels to furnish the amount of energy needed. Therefore, if you are wondering about a business to start on empty land, then you can most certainly use your tract of land for the development of solar energy. This will be profitable as well as turn you into a responsible citizen, at the same time, who champions sustainability by limiting the use of fossil fuels
Dairy Farm
Dairy products form an essential part of the diet of human beings. These products are reared from cattle, which need to be reared in vast tracts of lands, where farms are set up. However, to establish farms, the land is an essential requisite. Therefore, if you are currently possessing lands that are vacant and unused, then you can allow your land to set up a dairy farm, which will also help you improve your finances!
Horse Stable
Horses belong to a limited group of animals that are reared for a variety of purposes. Along with carrying things and pulling carts, horses are also used for riding, which makes them form a central part of the sports and entertainment industry. Furthermore, this ensures that the horses always remain profitable for us but when it comes to rearing, many of the horse owners back off due to lack of stables. Here’s where you can pivot with your land business.
Wool processing
All of us have learned about wool and that it comes from the sheep. However, what we have later known is the wool processing industry, the core of which consists of animals and an abundant supply of land where the whole procedure takes place. So, if you are looking for creative uses of vacant land, which will also be profitable, then using it towards the development of the wool processing industry is something that you can opt for!
Ashwini
Summer Camps
Summer camps form an important part of the recreational activities of the students during their schools and colleges. Summer camps are enthusiastic ventures that often drag professionals as well and do a lot more than supplying them with plenty of fresh air. The land is the primary requisite for such camping activities. This is where you can pitch in the land you have in order to be blessed with huge prospects.
Petting Zoo
Zoos almost always delight the young and the old. Petting zoos are a new concept that consists of a combination of both domesticated as well as wild animals. Such zoos are coming into being and grabbing a lot of attention of late. You can also contribute to one such zoo in case you have a tract of land to be used. A petting zoo would develop into a rewarding investment without a doubt!
Ice Rink
It is always great to skate and ice skating is easily one of the most prominent activities that you will find if you manage to ransack the bucket list of both students and professionals. Space is often a criterion that needs to be satisfied in order to establish an ice skating rink. However, if you are already having land to your name, it shall become easier to connect the dots!
Vineyard
Who hates scrumptious wine that seeps in all the goodness of nature with each sip that you take? A vineyard takes a lot of time and effort to be developed and most importantly you would need land and a bunch of skillful employees to work on the wine. However, in case you already have land, you can put it into use for something as delicious, lucrative and the same time, innovative an idea as the establishment of a vineyard on your land. Besides, you can also hope for some discounts when it comes to the end products and an enormous fortune ahead!
Junk Yard
The sound of the junkyard, as well as the name of the same, must be repelling for almost everyone but if you can get over it for a single moment and look beyond at the prospects of a junkyard, then it will be rather convincing. The automobile business is expanding and the used-car companies are growing at an equal pace, which also demands the development of junkyards that will store junked cars and other accessories. Therefore, if you are wondering about “how to use vacant land to make money in India?” then, leveraging your land to build a junkyard will be rewarding indeed.
Outdoor Shooting Range
Shooting is an activity that many love to indulge in. An activity that forms a vital part of the policemen, men in army, navy, and ex-army personnel, shooting is something that drags the commoners as well and has grown to be an entertaining exercise. Though the foundation of shooting ranges is not something that needs a great deal of time or effort, it certainly requires a vast tract of land. This is why if you already have spare land to be used and are wondering about some creative uses of vacant land, then the construction of an outdoor shooting range is something that you can opt for!
Biking/Zipline
Biking helps us unwind along with aiding us with the speed that we require to perform our daily activities at the pace they demand. However, all that happens only when one gets past the preliminary difficulties in riding a bicycle or a bike. Many such courses are now conducted and are undertaken by a considerable number of people. However, establishing one such biking/zipline course needs a convincing amount of land. Therefore, if you are presently having land and are looking to invest it for a land business, then leasing it for biking courses will work great and would be profitable indeed!
Beekeeping
Bees have a sting to remember but it is often the honey that is most talked about and consumed all around the world. Construction of apiaries requires space, time, skillful staff, and more. Beekeeping is, in fact, a tough and hectic business indeed but if you have land and you cannot figure out a perfect business to start on empty land, then leasing it for beekeeping will not be a bad decision, far from it.
Antiques Market
Things from the past always delight us. Antique shops and their contents contain a wide range of usable from the distant days, which are really valuable along with being expensive. Besides, most importantly they are highly profitable for the shops. So, you can look up to an antique business as one of the best businesses to start on empty land.
Also Read: 87 Business Ideas With Low Investment And High Profits
Farmers Market
Farmers’ market, by the name itself, points out the market where the farmers are pivotal. The farmers’ markets are organic markets that encourage the sales of fresh produce from the farms to the end-users. This kind of marketing is highly encouraged now where the users get the products that they deserve and on the other hand, the farmers get their dues.
Yoga Studio
Yoga is one of the oldest practices, which originated in India and focuses on keeping the human body and mind fit and active. This ancient Indian practice was never lost and is seeing quite a revival in the present era that we are living in. Yoga works best where the mind is free and in unbridled contact with nature. This is why open grounds are preferred over a building floor or an artificial ground. Here’s where you can strike a deal with your open land. Leasing your land for a Yoga studio is something that you can seriously look up in case you are looking for some inspiring land business ideas.
Parking Lot
The manufacturing of cars has increased over the years, more and more of us are now opting for our cars instead of paying for car rentals. However, with the increase of cars, there is a constant demand for parking them. Parking lots are comparatively less in number and you can help in adding one more of them for the convenience of the society you live in. Leasing your land or turning it into a parking lot by yourself will help you earn all the proceedings that come from it!
Racing Events
Racing is one of the major sports activities. Whether it is a flat race by humans or races of bikes, cars, and any other animals like horses, dogs, etc., it needs a ground large enough to ensure smooth racing conditions and a wide space for the audiences. Racing events are diverse and undoubtedly profitable. So, if you possess a piece of land, then using it for races is one of the most creative uses of vacant land that can help you earn money!
Agritourism
Agritourism is a portmanteau word made up of “agriculture” and “tourism.” Agritourism involves numerous activities usually carried out on a farm or a ranch that allows individuals and families to view and enjoy a wide range of rural activities. Agritourism is becoming a hugely popular activity among the masses of present-day societies. Turning your vacant land into a fine spot for agritourism is a prosperous plan indeed!
Electrical Substations
Electrical substations are essential in providing us with an adequate supply of electricity. Construction of electric substations requires a considerable amount of space along with all the heavy equipment and machinery that is integral to a substation. Thus, if you own a large tract of empty land, then you can perhaps contribute to building an electrical substation.
Film Locations
Shooting for movies, short films, and television series need photogenic locations. Exotic natural locations are tough to find and even pose a lot of restrictions, movie studios or sets, on the other hand, happen to be versatile that can be created to suit a wide range of moods, sets, and settings. These movie sets can be indoor and outdoor, while the latter provides much more room for customization. So, if you are ruminating on the creative uses of vacant land to make money out of it, then turning it into a film location would definitely turn into a wonderful idea that would be lucrative too!
Lakshya Singh
Photoshoots/Photography Site
Photos are always special to us. Besides, with the pace at which the social media sites are moving, photos are getting the exposure that they never used to get before. We can always click photos anytime and anywhere but clicking pictures on natural outdoor locations brings the best out of the photos. Creating photography sites needs land that can support a mix of natural and artificial structures and here’s where the land you possess can be a great benefit.
Bird Watching
If you are having land to your name, then look out whether it is suitable for the birds because the birds deserve attention and they get it when watched from a bird sanctuary. Bird watching is one of the best hobbies that people nurture and your spare land might also have the potential of being turned into a bird sanctuary that will yield quite a profit.
School Field Trips
School trips or excursions are what we like the most. School excursions are varied in nature and are modeled on the particular subject or the lesson that is meant to be taught through the trip. Such school field trips can be a memorable experience truly and the first thing it demands is space enough. So, why not put the land you have to some use and build it into a hub for a school field trip?
As a Collateral Asset
Money is something that all of us require every time and in this age where everything is uncertain and we run the risk of getting our income reduced all the time, the value of land is ever-increasing. Therefore, if you are the owner of a piece of land, then it is always commendable to keep it safe with you so that you can also use it as a collateral asset in case the situation turns bad any day!
Resort/Villas/Tents/Tree Houses
Who doesn’t love to pay an occasional visit to resorts/villas or indulge in a weekend getaway that would involve tree houses and tent stays? Constructing a resort or villa with the land you have in your possession can stand as a game-changing idea if you are looking to opt for a land business that would be hugely beneficial.
Herb Garden
Herbs make our food complete. There are numerous species of herbs that send us drooling. So, how about turning your vacant piece of land into an alluring herb garden, which will not only be a treat to the eyes for the tourists who visit there but also help in yielding fresh produces year after year.
Drive-in Theatre
There are theatres where people can visit while they are in cars and they can wilfully park them or watch their favorite movies or the best parts from them from their vehicles too. Yes, it is a form of outdoor theatre that is rare now. However, a drive-in theatre has the potential of becoming a favorite. You can also contribute to that if you agree to lease out your land to construct one of such theatres or you can create one yourself and bring in a handsome profit.
Tiny House Estate
Most of us today advocate extravaganza or dream about living in extravagance. However, what we lack is a simple life. This is the reason why the tiny-house movement or small-house movement came into being, which advocates the downsizing of the apartments and other living spaces, thereby promoting “living with less”. Yes, you can perhaps look at the brighter side of “living with less” by helping yourself construct a tiny house estate!
Rent/Lease it Out!
If you have a piece of land to your name, you can simply opt to rent it out to a bright prospect. Besides, if you cannot figure out what to do with the land you have, then it is quite lucrative if you simply rent it out because that will help you keep the land to yourself while accruing money on your behalf. You can give it some time and then decide on something permanent with the land.
Arbaz Sayed
Pet Park
We have parks for us, but what for our pets? Yes, our four-legged friends also enjoy outdoor activities almost as much as us if not more. This idea has been strongly supported, which is the reason why pet parks are rapidly coming into prominence. If you are not convinced of any land business ideas that you have come across, then how about leasing or selling out your land to construct a pet park? Sounds great and definitely one of the most creative uses of vacant land, right?
Harvest Timber
Wood is essential for the survival of humanity and so are the trees. Therefore, cutting down forests meaningless on a large scale would never be good for anybody. We need an alternative solution to the same. Harvesting trees for timber can certainly be one of the most promising alternatives to the conspicuous problem. This is what you can do with your land if you are wondering how to use vacant land to make money in India?
Wind Energy
Generating an alternative source of energy is commendable but space is one of the fundamental requisites to be able to do so. For instance, if you have decided on the generation of wind energy, then firstly you ought to have land that you can put to use and then you should be equipped with all the machinery needed for the same. However, you can wilfully avoid the next part if you are ready with a piece of vacant land that can be sold or leased.
Pave a Biking/Walking Trail
Trail walking or biking are some of the most popular hobbies of the generation of now, which lead a life that is almost sedentary. These activities are not only interesting but thrilling, to say the least. So, if you possess a piece of vacant land then paving it for a biking or walking trail is one of the most desirable businesses to start on empty land.
Spiritual Sanctuary
Religions consist of a world of their own, which is very much palpable to all of us. However, retreating to a sanctuary that is overloaded with peace and divinity is the desire of many at the close of the day. This is why you can help turn your land into a spiritual sanctuary for the tourists to rest and meditate a while during their busy day.
Conclusion
Hope this list of business ideas for vacant lands helps you! Remember, the suitability of these business ideas is dependant on various factors of the vacant land. So make the most suitable & feasible decision.
Know any other unique unique business idea that can be added to the list? If yes, please share your thoughts/opinions. [Contact: shubham@startuptalky.com]
Author: Anik Banerjee
Source : https://startuptalky.com/business-ideas-land/
Date : 2021-11-20T14:46:00.000Z