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re: Quick, discount land buyers

Posted on 4/14/16 at 9:12 am to
Posted by p0845330
Member since Aug 2013
5705 posts
Posted on 4/14/16 at 9:12 am to
Grits, without divulging too much info, it is a small city in SW Louisiana that isn't a major attraction for busines, but is doing better than most. It is zoned "commercial, central business", is highly visible and fronts a highway. You are right about the small pool of potential buyers. The deal that fell through was for $10/square foot, but I have no illusions and do understand that getting even close to that going forward is probably unrealistic.

TigerSaint, I won't be home until tomorrow to access the paperwork with the specific size. I know not all city blocks are a consistent size, but it is roughly 40% of a block.

LSU1018, already came down 30%, and willing to do more. It is listed with a realtor.

All your info has been helpful. Appreciate it!
This post was edited on 4/14/16 at 9:15 am
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