Many factors here. If you buy property, be certain what you'd like to do is allowed. County and state codes, and zoning, are factors.
And then there's the old saying that land is always a good investment. Ain't so. As an example, my dad bought a chunk of land in 1987 for a reasonable price. He maintained it, (bush hogged about 60 acres), built a barn, and paid property taxes on it until he passed in 2006, when he left it in a trust for us kids. We sold it in 2020 and "made" a little over $200k profit. However, if Dad had put that same amount in the S&P, without considering property taxes and maintenance costs, we would have realized over $3m profit.
So, perhaps you should leave your investment capital intact and live off the earnings.