A developer explores three ways to monetize a property instead of building apartments: truck parking generating $300 per spot for 180 units, self-storage using 1,500 stacked shipping containers at $300 each, and a heavy-equipment theme park where visitors operate excavators and bobcats to demolish cars and battle robots.
Chapters
Are you getting deals like this? We have 3 viable ways to build there. We have the, the multifamily, of course, which it's been earmarked for. But I think the other parts that need to be looked at is that we can do truck storage. It's got easy ingress in and out for the trucks. We could do self-storage, which would increase because with the truck parking, it's $300 a unit. We only get 180 units. I could very easily put 1,500 shipping containers on that property stacked up with a logistics method of pulling them down for people. As long as they called ahead and giving people access to their 40-foot containers. We can store 1,500 of them there easily, very easily. Again, 300 a mark. And then putting in some sort of heavy equipment training, heavy equipment theme park. I think the area could do a heavy equipment theme park all day. Like you live in the city. How else do you go blow off steam except for to go out like, do you know, can you imagine if we took some of those junk cars next door and got to drive over them with a tractor, pick them up and take them apart with an excavator? Have a contest on Friday nights like Roman was talking about, makes a little his fun in there, and we can go out there and have, have, uh, robot wars, or, you know, do, do some sort of like bobcat battles where people in bobcats could like, you know, try to tip each other over. I think the first, you know, last man on, on his, uh, last man standing type of thing. I don't know. The idea is that there's multiple ways to, to produce money off of that property.