Airport 80 Acres 165,000 $$ Estimated value
Posted: Thu Dec 15, 2016 10:05 pm
City St Clair MO has mailed a required land value appraisal to FAA. Part of closure procedure.
80 acre airport property borders major Expressway HWY 44. They had a local buddy prepare appraisal.
550,000 total value minus 350,000 $ for deconstruction cost yielding 165,000 pay out to FAA.
I am thinking laughable move but wait these are educated real estate type albeit small town. Some one is probably dreamimg about bull dozing a runway.
Surely the FAA realizes a 7 to 10 $ miilion dollar replacement value for a very nice midwest airport.
Expect heated commentary to commence soon.
There is a blog kiilo39 st clair airrport.
80 acre airport property borders major Expressway HWY 44. They had a local buddy prepare appraisal.
550,000 total value minus 350,000 $ for deconstruction cost yielding 165,000 pay out to FAA.
I am thinking laughable move but wait these are educated real estate type albeit small town. Some one is probably dreamimg about bull dozing a runway.
Surely the FAA realizes a 7 to 10 $ miilion dollar replacement value for a very nice midwest airport.
Expect heated commentary to commence soon.
There is a blog kiilo39 st clair airrport.