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Airport 80 Acres 165,000 $$ Estimated value

Posted: Thu Dec 15, 2016 10:05 pm
by MoonlightVFR
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.

Re: Airport 80 Acres 165,000 $$ Estimated value

Posted: Fri Dec 16, 2016 7:51 pm
by Mschwarzkopf
It's sad to see the bulldozing of nice airports in our neck of the woods. Weiss, St. Charles Muni, Arrowhead, Wentzville... Soon, we won't be able to find a strip shorter than 5,000 ft and 75 ft wide.

Is there a projected date?