Ideas for small acreage property

Seeking Input:

Please be advised I am currently seeking input on a real estate venture in which I have acquired a
10 acre parcel in the state of Missouri.  This parcel is located in a very rural area sandwiched in between two large vacant pastured tracts, offering plenty of privacy.  It will have access to electric and water.  The parcel is also located just on the outskirts to an established Amish community in which there are numerous Amish businesses.  Two general stores within 5 miles stocked with a large variety of food items.  An Amish auction company that sells numerous plant and food items throughout its auction season from April to October.  The property is nestled between a variety of outdoor activity possibilities:  two nice sized lakes, a river able to kayak on, two state parks, a fish hatchery and a plethora of fishing resources. Also hiking, biking and horseback riding trails and good hunting.   Within 18 miles of a medium sized town for additional shopping needs and 55 miles north of the metro city of Springfield, Mo.
Now the reason for this post.  I am trying to establish what the best utilization for the property might be.   IE:  could it be a tiny house community with community garden and if so what would the demographics possibly consist of?  What kind of make up could the community be?  Such as rental of the tiny houses, ownership of the tiny houses, or some kind of cooperative venture or any other concept that has been used for similar properties.  Since this is a more rural atmosphere but within many resources it posses a different kind of concept as to one closer to a major metro area but is more secluded within recreational areas.  
I am not familiar with what the need is for the tiny house concept and as such am seeking additional input.  I greatly appreciate any input that is given.

Diane, welcome to the forum!

Your property sounds very interesting.

What is your vision?  Is the tiny house communities with a community garden what you desire?

Maybe you can get some ideas from our Communities forum:

https://permies.com/c/10

Welcome, Diane!

It's sounds like a wonderful property.

The first question is, how "on site, hands-on" will you be?

I get the impression that this will be an investment managed at distance. In that case, look at how long-term RV campgrounds are designed, regulated, and managed. That is an established model that both insurance companies and municipal planners will understand.

I also think that the municipality and your neighbours will want a say in any higher density development. Be proactive with informing and consulting -- especially with your neighbours. If they close ranks against it, you're in trouble.

Luck!

Well first off I give zero consideration to neighbors. I’m free to do as I please on land I buy. However as an investment I think it would be terrible to try and have a community unless you are planning to be a part of it. And for me that’s terrible but not everyone feels that way. I buy my land to enjoy it myself.

However if I were to open it up to others it would not be for a direct monetary gain. I would charge only minimally to cover utilities and then expect work on the land as my “payment”.

I’d pretty much never do that though. It’s not the way I’m wired.

~ I’ve stayed in Rv parks most of my career. 99.9% of them don’t want anything done to there land including a small garden. And if you catered to people in rvs that did want that you’d likely be mostly empty because also 99% of people in nearby spots over 20 years want the owner to maintain around their camp site.

Respect given is respect earned.

I think it would be a significant mistake to carelessly dismiss the knowledge, resources, community and related local businesses that the OP mentions. These seem relevant to the success of the venture at hand.

Well I disagree with that first part. That’s just not been my experience. Giving respect without earning has never worked for me. Agree to disagree.

I’m not saying I’d dismiss economic opportunities however I’d never turn people loose on my property to try stuff without me specifically knowing what they want to do. Again I’m paranoid and don’t trust that way. It’s not how I’m built.

If you plan to be there yourself maybe it would be ok. Otherwise it does sound like an opportunity for a normal Rv park or something where you say in your space with a couple community areas. It is extremely expensive to set up though. My father in law built one and it was over 400k around 10 years ago.

Advice from mother in law years back… buy land that touches you at any cost if you can. Someone might turn it into a junk yard,Rv park, etc…

Anne Miller wrote:Diane, welcome to the forum!

Your property sounds very interesting.

What is your vision?  Is the tiny house communities with a community garden what you desire?

Maybe you can get some ideas from our Communities forum:

https://permies.com/c/10

Thank you Anne for your input.  I think the main question is whether a community concept in a more remote location as this property would be of interest or do most tiny house communities thrive when closer to larger metro area?  

How remote is the location?

Diane said, "Two general stores within 5 miles stocked with a large variety of food items. ...

Within 18 miles of a medium sized town for additional shopping needs

I feel this is a perfect location.

Folks are wanting to get out of the cities.

The forum has several folks every week saying they want to buy land and get out of the city. Or at least imply that.

I would love to have two stores within 5 miles or even be 18 miles to the nearest city.

As Douglas said, look at how long-term RV campgrounds are designed, regulated, and managed. Maybe not long term though many RV parks fit what you describe.