Posted 11/18/2015 17:00 (#4904604 - in reply to #4904430) Subject: RE: 400 acre development potential farm sold last night
southwest illinois
If a developer is at the sale bidding, then yes present value price includes development potential
Using your argument you could also bid up the future chance of selling a utility easement or some other type of ROW easement coming from the land, but if those entities aren't bidding would you bid extra on that chance?
400 acre development potential farm sold last night
