From Ip Domain List : IP to Domains

Seek for all domains hosted on the same IP address, From ip domain list

Paste an IP address or domain name into the form and press "OK" to seek for a full list of domains hosted on the same IP address.

Shared Hosting accounts are often located under the same IP address. See who is using that shared server before signing up or see who else is on your shared host.
Parking Sites can be identified by the large number domains parked on their IP address. See who else is parked on that server.
Scam websites often come together. If you find one do a IP to Domain look up to find the other scam sites hosted on the same server as the one you found.