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Honeyhive - sell domain or develop?

I received a pretty good offer for this domain (its .com), but I prefer to setup something that produces regular income (even if small). One domain research tool said there's between 500-1000 searches for this domain word combo a month with a CPC between $0.3 and $1.15.

Any suggestions for further research, ideas?

on May 24, 2020
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    you should figure out what was the expected content from visitors
    maybe put a form asking them ( easies & quickest way) when they visit the landing page

    once you understand what is the right niche , maybe build a blog and add great content

    from experience, you should search high ranked content for that niche to understand whats trending, then start writing ( you can ask freelancers)
    great articles are between 1,500 - 3,000 words ( that will beat competitors for higher ranks) < depending on that niche & competitors)

    Then you can inject ads, affiliates and leads generator

    keep in mind: to start gaining, it would take around 3-6 months after doing a number of great content ( search algorithms kicks in ) , then you would see good increased traffic coming from organic search.

    I recommend: 20-30 great articles

    I hope what I wrote made sense and helped you out :)