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Post by daisy on Mar 23, 2007 7:45:55 GMT -5
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Post by daisy on Mar 23, 2007 8:20:51 GMT -5
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Post by daisy on Mar 23, 2007 9:13:33 GMT -5
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Post by daisy on Mar 23, 2007 11:34:40 GMT -5
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Post by daisy on Apr 8, 2007 14:42:53 GMT -5
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Post by daisy on Jul 3, 2007 21:55:09 GMT -5
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Post by daisy on Jul 3, 2007 23:11:02 GMT -5
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Post by daisy on Jul 3, 2007 23:24:50 GMT -5
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Post by daisy on Jul 4, 2007 3:45:34 GMT -5
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Post by daisy on Jul 4, 2007 17:21:47 GMT -5
July 4, 2007
everybody else is on vacation right now - so
business letter to myself (for right now)
latest buyer offered refused because
our land has too much potential
with an already offered chance to expand
by buying the other (now for sale) 16+ acres directly beside our land
our land =
a very beautiful private commercial 24.34 acres
that (if preferred) can be locked down at closing
by installing heavy duty fencing
with a locked gate at a one road entrance
as usual like most businesses
advertising would have to be within at least 5 miles away
where the growing population = 84,100 +
since within 3 miles is just about a growing 24,000 + population
and within 1 mile is just about a growing 1,000 + population
i see this as no big drawback
since our land is on the heavily traveled interstate and
most all businesses already advertise
at within at least 5 miles away
i do not appreciate any potential buyers
offering $20,000 per acres = residential prices
since this is a commercial land that will never be sold
for a residential price
my advice to them is
there is this other 16.61 acre commercial land that is for sale
at a humble almost residential price of $25,000 per acrewww.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?FromListingProfilePage=true&LID=14380358&CID=&Itemas for our larger totally private interstate commercial land
with definite (already offered) potential to expand
i am now considering
lowering the price and relisting at
* $37,000 per acre and/or $35,000 per acre and
i will definitely never except any less than
the lowest $33,000 per acre with a realtor
and the very lowest $30,000 per acre without a realtor
as i repeat that i can also understand that
many will definitely take their best shot at lower pricing
our commercial land will never be sold at a residential price
take it or leave it
with many businesses now paying
rent-to-own at $1,500 a month = $18,000 a year and/or
annual lease rents of $138,480 / $6.02 psf = $1,917 a month
= $23,003 a year for 1983 commercial buildings, etc...
the buyer of our 7 tract (possibly more) land has the potential to
develop a business commercial lease building
to make $100,000 + more a year from it
so i would say give me my million and go about it
and since i have lowered
our price - now at below a million
better jump on it !
before i change my mind - again
(because i really still do want a million dollars)
yeah so far - they don't want to pay a million
yet i could still hold out for more years and years
for at least $37,000 per acre
(they are going to get to earn an additional $100,000+ onto their annual net incomes just from being on the busy interstate)
memo:
price classification: between $900 thousand and $1 million
asking price: $900,580www.loopnet.com/xNet/Looplink/Profile/Profile.aspx?LL=true&LID=15181260&STID=cbre&acode=
www.loopnet.com/North-Carolina/Winnabow/?LinkCode=18400
www.dealstream.com/c/north-carolina-commercial-real-estate/___
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Post by daisy on Jul 4, 2007 18:18:46 GMT -5
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