This is what my Paternal side of family is doing with their land- They have 12.5 Acre on the main road in Rajanah- It is given to Farmers.
Some grow Wheat/Corn and some grow Sugar cane. They do each and everything themselves. After the years stock has been sold off, they split it 50:50. Good huh?
Or, you can always give it on Thekah aka rent it out. It starts from 20,000 Rupees per Khet ( Not sure how many Marlas in one Khet) and it can be more than that , depends on many factors as Soil quality, location, ease of water etc.