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Every community and individual is blessed with a lot of open space at its disposal, but there are many ways in which people can utilize this vacant land to turn it into a valuable source of income.

To help motivate you on your quest for entrepreneurship,  this article will provide small business ideas for vacant land in Nigeria.

There are many ways one can go about turning vacant plots into the beginning of your next booming business model. These business ideas for vacant land are only a small portion of the countless possibilities that can creatively be used to develop your vacant lots.

empty land in nigeria
Vacant Land in Nigeria

List of Small Business Ideas for Vacant Land

1. Dry Cleaning Service

A dry cleaning service is a great business idea for vacant plots because there are so many people that need their clothes to be cleaned, and it is a good way to earn some money. Not only does this give you the opportunity to clean your customers’ clothes, but it also gives you the opportunity to make money off of these customers because they will return to your shop again and again.

2. Restaurant

A restaurant is one of the great empty lot business ideas. It is an excellent place that can cater to most dietary needs, making it extremely useful because it allows a lot of people to eat your food and then leave their offering on the table, which can be used as a moneymaker in the future. 

3. Space rent

Lately, many businesses and individuals are continuously in need of space, whether for office, event, or storage purposes. Numerous people are interested in renting your empty land for personal or commercial purposes.

After all, if you have an empty plot that you aren’t using, you should seriously consider renting it to a business. This is because it can be a very profitable business.

4. Barber Shop

A barbershop is a great business idea for vacant plots because there are many people that go to them to get their hair and beards trimmed. Also, you can also offer waxing services and make money off of your customers. In addition to these services, you can also offer hair color services. You do not need much space for this type of business as it can only be run from a home office.

5. Bakery

A bakery is a great business idea for vacant lots because there are so many different types of bread and cakes that one can make. Not only does this give you the opportunity to make money, but it also gives you the opportunity to express your creativity and encourage others to go out and purchase your products. In addition to these services, you can also offer coffee shop services.

6. Store or Warehouse

One of the most adaptable business ideas for an empty lot is the warehouse. It is versatile and may be used to organize and store almost anything. It’s a great place to store your things, but it can also be used by other people or businesses as storage space.

The cold and dry warehouse and the warmer and moist warehouse are the two basic types of warehouses. This facility might also be utilized as a retail shop for things that require storage, with a focus on the rental side of this business concept.

7. Gift Shop

A gift shop is a great business idea for vacant land because there are many people that enjoy purchasing nice gifts. This can make a great place to sell pottery items, clothing, and other types of merchandise. You do not need much space for this type of business.

8. Toy Store

A toy store is a great business idea for vacant plots because there are many people that love to shop for their children’s toys in person. If you have the space and money, you can also make this your own store and allow others to use it as well.

9. Hot Sauce Shop

A hot sauce shop is a great business idea for vacant plots because there are many people that love to purchase hot sauces. This gives you the opportunity to make money by selling these sauces to others. In addition to these services, you can also offer coffee shop services. 

10. Florist Shop

A florist shop is a great business idea for vacant land because there are so many people that love to purchase flowers. This gives you the opportunity to make money by selling these flowers to others. 

11. Book Store

A bookshop is a great business idea for vacant land because there are so many people that love to buy books. This gives you the opportunity to make money by selling these books to others. 

12. Fitness Equipment Shop

A fitness equipment shop is a great business idea for vacant plots because there are so many people that desire to have a personal fitness program. This gives you the opportunity to make money by selling supplies needed to maintain one’s fitness routine at home. You do not need much space for this type of business as it can only be run from a home office.

13. Pet Grooming Shop

A pet grooming shop is a great business idea for vacant lots because there are so many people that desire to keep their pets groomed. This gives you the opportunity to make money by selling grooming supplies to these pet lovers. 

14. Event Planning and Hosting

An event planning business is a great business idea for vacant lots because there are so many events that people want to throw. This gives you the opportunity to make money by planning and hosting these events. 

15. Sewing Shop

A sewing shop is a great business idea for vacant land because there are so many people who want to sew little clothing projects. This gives you the opportunity to make money by selling these tools to these people. 

16.  Spa Shop

A spa shop is a great business idea for a vacant piece of land because there are so many people who love to have some pampering at home and in their own space. This gives you the opportunity to make money by making this home spa available for people. 

17. Massage Therapist

A massage therapist is a great business idea for vacant plots because there are so many people that would like some massages in their own home or in your office. This gives you the opportunity to make money by bringing these services to others. 

18. Home Decor Shop

A home decor shop is a great business idea for an empty plot because there are so many people that are interested in furnishing their own homes. This gives you the opportunity to make money by selling these products and home decorating services to these people. 

19. Children Education Center

A children’s education center is a great business idea for an empty lot because there are so many people that would like to have their kids well educated. This gives you the opportunity to make money by teaching these children in your own home. 

20. Selling your old stuff

Do you have any old clothes, furniture, electronics, or anything else that you no longer use and don’t want to keep with you? Selling your old belongings can be a great way to make some extra money while also getting rid of items you no longer require.

All you need to do is to display them on empty space of land. Though this is just one of the business ideas for small land.

21. Block Industries

Moulding concrete block business is an excellent way to turn that idle land into a money-making factory. It is simple, easy to run, and can be started with very little capital.

When starting a building block business, the most important thing to remember is to concentrate on the fundamentals. Make certain that you have a good reputation, and effective marketing

22. Livestock Farming

Livestock farming is the business of raising and breeding animals for meat, milk, or wool. It can be a very profitable venture on your empty land, but it also requires a lot of work. Before you begin livestock farming, you must ensure that you have the necessary knowledge, tools, and equipment. Livestock farming is the most common business idea for raw land

23. Farming Vegetables

Vegetable farming is a profitable and lucrative business. One of the most inviting aspects of vegetable farming as one of the business ideas for empty land is the variety of crops that can be grown.

You can select from a variety of vegetables, such as okra, spinach, bitter leaves, root vegetables, spring onions, pepper, carrots, watermelon, and other similar fruits. This variety provides numerous opportunities for experimentation and creativity. This is a business you can start with little or no capital.

24. Landscaping

The landscaping business can be a very profitable business for those that have landscaping business ideas.

When most people think of landscaping, they envision a warm and inviting space that looks great but isn’t too difficult to maintain. This place can serve as tourism for the neighborhood

25. Jewelry Shop

A jewelry shop is a great business idea for vacant land because there are so many people that go to jewelry shops to get the latest in fashion accessories. Not only does a jewelry shop give you the opportunity to make money, but it also gives you the opportunity to display your gorgeous pieces of jewelry and allow others to admire them. You do not need much space for this type of business as it can only be run from a home office.

Is vacant land a good investment

Investing in vacant land is a good idea which payback in a long run.
However, the profitability of vacant land investment depends on a number of factors, including the location and condition of the land, market conditions, and the individual buyer’s financial resources.

Other Business Ideas

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Conclusion

Just purchasing empty land and leaving it for some period of time make its value increase. Land investment is synonymous with investing in pure metals like gold and silver. So, if you are willing to invest for your future or make a retirement plan. Buy raw land and use it for one of the businesses mentioned above.

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