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re: Question for land aficionados

Posted on 5/8/24 at 6:54 am to
Posted by llfshoals
Member since Nov 2010
15606 posts
Posted on 5/8/24 at 6:54 am to
quote:

Should I sit and wait or take the money and run? I’m trying to put the puzzle pieces together because I’m thinking (at least hoping) Marathon wants this land for future use and it could possibly be worth a lot more than the current offer.
so Marathon already has an easement for their pipeline?


quote:

Property is mostly cypress swamp
So how much of the acreage is actually usable? I looked at the flood map of the area and there’s not much that isn’t in it.

I handle most of the land sales in my office, because frankly most realtors HATE dealing with land, mostly because they don’t understand it. There is probably different than here given how much residential construction I see built already that’s in a flood zone, but here it’s much harder to sell here because of increased costs to develop.

So I tell clients, if it’s in a flood zone I wouldn’t buy it, if someone else wants yours that is? SELL
Posted by Koolazzkat
Behind the Tupelo gum tree
Member since May 2021
1748 posts
Posted on 5/8/24 at 8:53 am to
Yes, actually 2 pipes underground now and Marathon purchased another 25’ right away about 6 or 7 years ago but have only surveyed so far with no tree removal yet.
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