As investment, I bought this, instead of stocks. Any ideas on what to do with it?

Build a large wall around the entire perimeter of the property.

Construct a tall stone tower in the middle of the property and paint it completely matt black.

Poison the land around the tower, so nothing, not even grass can grow.

Have packs of wild, feral dogs roam the property.

Dress in dark grey robes, and spend the rest of your days on the top of the tower, screaming obscenities at any passers-by, or shaking your fist angryly at the sky.

What's the legality of that land?

Where I live there's no way a plot of land is suited for both farming and a Hotel.

If you build something in a place where residential/commercial buildings are not allowed you are in for a lot of troubles.

If the weather provides the safest bet for the most profit would probably be plant some easy trees or some plant that would not need a lot of caring, and just sell the products.

That for money. If I were you and I had money to throw I would just built a retire House for myself and collect my returns in peace of mind and health. But then again, residential buildings may not be allowed there.

I like the 2nd idea.

Sell it and remember that you first figure out what you want and then you buy the suitable land for it.

Boy do I have a lifehack for you

Firstly, you have an opportunity of a life time. Build a toilet with no cover, you get to shit like a modern person but with the calmness and stress-freeness of a cave person.

Honestly the vegan Yoga Retreat idea could be really cool. If I had a bunch of plans I would do a commune, although I'd rather do an Urban ecocommune personally but you have enough land to get some serious permaculture done. What sort of climate do you have?

Take a tupperware container set and test the water supplied to the field for PH value using a pack of litmus papers, then test the four corners and center of your field by scooping up some dirt, adding some water, and testing with litmus paper. Next, drain out the water and let it evaporate and look for signs of crystalization or condensates. Seal some of your soil samples to see if a healthy soil biome blooms in the sample, fungus and such.

A good healthy soil will have a strong biome. It and its water supply should be close to PH 6 to 7 for most tall grass and similar crops. There should be little to no saline in your soil, signs of that might indicate a brine pit forming in the water table near your land.

The most valuable single-season crops are crops that you can process yourself rather than selling to a granary. For examples: milled flour, corn byproducts, alcoholic ingredients, beets for sugar, bamboo, or switchgrass fermented into propionic acid biofuel. The major downside to being your own processor is that you're also your own distributor which is very difficult.

Sometimes subsidies make unprofitable crops profitable, sometimes granaries or local brewers offer a good price for specific crops. Be sure to check the local market thoroughly.

Make sure to join up with any farming groups in your area and get insured for any farming you do. Also get somebody to provide some bee boxes.

Pawlonia trees. Fastest growing wood in the world

There's some great ideas in this thread but sadly I think most of them are fairly high risk.

Doing anything in this kind of scope is going to cost a lot of capital. If it goes wrong all that money is gone.

I would lease it to a farmer.

Maybe reserve a corner where you can build up some basic facilities. I'm not sure what's popular where you are but here in Australia you can find places like this on hipcamp where you can camp for a few dollars a day.

Use your income to build basic facilities over time. Toilets, showers, kitchen, solar.

Parking Lot

Plant an orchard.

Edible forest

are you leasing it to a farmer? or are you building a poop resort? i can't tell which one it is because you listed both

Regenerative Agriculture / Permaculture

If you plan to lease out to a farmer, find one that won't fill it with herbicides and pesticides. And maybe look to only lease part of it while you work to recover other parts.

I'm looking to buy land that needs to be recovered and have the budget that will likely lead me to a place like this that doesn't have direct road access. Good luck!

Hemp and No-Till see what works afterwards but it's a market call what you plant! That's my understanding. Maybe you could do something like Lavander though?

Step 1, dig big hole, step two, become one with tge ant people, step 3 never see daylight again

I had a family member who owned land in the sticks. He said you can earn a passive income letting a farmer use it. He let a guy bail hay to sell.

Meanwhile, sit on it for 20-30 years. The land multiplied in value many times over. Eventually, it got sold to a development firm to build multiple neighborhoods after the nearby city continued to expand in that direction.

If you would like to live there someday I would recommend that as your goal. I would recommend you start doing some research on permaculture which is about building wholly sustainability. Part of this sustainability is financial and piecewise building and investment. So if you want to build and live on this one day you will need the money for it.

So start with leasing the land for at least 1 year to get some cash and for you to better understand where you might want to build a structure and what you need. This allows you to plan and see what part would fit a dwelling the best. This also lets you figure out what you need for this house (i.e. water, electricity, waste removal etc.) as well as figure out how this investment can make money for you. Start small and build modularly. Your dwelling may start on as shack or even a place to set up a tent and grow larger. Same with whatever you end up doing with the land.

Permaculture talks about building food forests which are sustainable year round sources of food, goods or materials. Some of which you can sell or use yourself. These are typically perennial plants, vines and trees which all grow off each other and make a beautiful space. This can be your space for "remote working" either for yourself or visitors.

While planning on starting on this you can continue to lease your land to farmers as you slowly take it over yourself for your bigger vision. This is suppose to be small, slow but sustainable growth to your final vision.

Does leasing the land pay enough to make it worthwhile? Gives you time to think.

If it's fertile land you should probably use it, or lease it, to grow food.

Farming is not easy. Until you learnt to be good at it you'll put in a lot of hours into making not much money after costs have been paid.

There are many people who want food grown in natural environments and where the animals are taken care of. A bit like Clarksons Farm on tv.

In the short term, leasing to a farmer isn't a bad idea. It looks like a lot of your tentative plans will take time and money, so a short term land rental might be a good idea.

Any zoning issues? May be worth splitting it up, lease some for farming for now, set up a couple of acres for a small utility/living area so you can visit and stay for short periods or permanently so you can get a sense of actually being there... Seasons, smells, sounds, wildlife, infrastructure like roads will all impact what the experience or opportunities actually are and often bday depending on the time of year.

Hey... You want to make a bit of money...? You should do what I did, get into Farming...

Leasing it to a farmer seems like the obvious choice. I'm not sure digital nomads would be all that interested in working in the middle of a field.

I'd love to see land like this returning to nature with native vegetation, but that would take a really long time and doesn't come with an obvious path to making a profit. Unless you sell it to developers for a higher price in a few years, of course.

What about a campsite?

No yoghurt weaving digital nomad yoga shite.

Just a plain old campsite that people can stay on with their campervans, caravans, tents etc

You'd probably need a shower and toilet at least.

Ideas 1, 2, and 4 could come together with a permaculture food forest/farm. First task would be to cover crop the land to protect from soil loss and start replenishing some nutrients. Then, you have some time to make a good, phased plan of how you'd want to develop it.

Talk to experts and professionals whichever direction you take. They'll often save you much more than they cost.

Try to grow fucks and then distribute them free of charge?

Rewild it with native flora, do yurts and whatever to attract people to live in a sustainable way with community gardening. Activities can initially revolve around returning the land to a more natural state. As things mature people will invest in the community themselves, creating their own activities etc.

1.

Create a startup in reasearch and development of fully autonomous robotic electrical helicopters with swappable batteries and shiny plush seats for the passengers etc.pp. Collect huge venture capital for it.

Don't forget to brag about your $1 salary!

Go broke after 3 years with a shrug.

Rent that land for some nice money to your startup as a test airfield.

/s

Land is one of the few things you can just sit on and it's guaranteed to gain value, they're not making any more of it, as a matter of fact we're losing it to climate change with desertification and rising sea levels.

If it's farmable land I would rent it out to a farmer and make some extra cash, and if at any point you need some money you can always sell a few acres, otherwise it would be better than any amount of Cold hard Cash to hand down to any children you may have.