There's a lot for sale in West Carrollton, Ohio [View All]

[Tobin S.]

It is zoned business and residential. It is a little less than a tenth of an acre, pretty small. The back joins to a carry-out business parking lot. One side joins with a residential property. It is a corner lot and the other two sides face streets. One of the streets is Central Ave., the main drag through West Carrollton and a busy street. Asking price is $4,900.

I've been wanting to invest in real estate for a long time and this lot would be something I can afford. But I can't figure out what I'd do with it. The lot used to have a house on it and has been on the market for ten years before and after the house was torn down. I could probably get it even cheaper than $4,900. What are the possibilities for a lot like this?