re: question about commercial property I inherited and what to do with it

Follow up with the commercial brokers and get a value for the properties OP. I would follow a couple different angles and go from there.

Once you have your value if you sold it, take some time and honestly ask yourself if you had that money if this is something you would buy. If you wouldn't buy it, you should strongly consider selling it considering your lack of experience.

Worst case scenario here: You quit teaching, get a loan to rebuild the land, and it costs more than you expect and bankrupts you. Unlikely, but you need to be honest.

You should also consider renting it through a broker. If brokers aren't interested, that maybe a sign its not worth much. If its a slam dunk for someone they are going to jump on it.

VPD is only one aspect and pertains more to certain types of business, like retail and food service. Something like construction, logistics, etc. a central location off a busy street maybe more important then a busy street.