| raccoon12 - 1/11/2015 19:04 Must disagree with you on it takes two to find value. It only takes one and that is the guy righting the check. Doesn't matter what the seller wants if no one will write him a check.
So by that definition if I offer you $1000/acre for a piece of nice 80+ CSR farmland that is all its worth even if you won't sell it to me for that?
In order for it to matter it has to be a sale, if the seller won't let it go for the offer its worth more to him than is being offered.
You can offer me $20/space for my 20 year old finishing building any time you want, I won't sell it for that because its worth much more than that. Cripes, the profit in that building is more than $20/space/year.
$20/space wouldn't even buy my dad's 40 yr old partial slat building, for the same reason as above.
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