A larger container is located at this point. Traditionally hidden, you will be visible to others on the path and maybe from the nearby house although the drivers on the road shouldn't be able to see you too much.
Big enough for trackables and swaps, "there's a bear in there". Something for the junior geo cachers amongst you to find. It should be left inside the container for the next person to find.
Watch for snakes in summer, it's just a few steps off the path. Congrats to Frmen1 for FTF