City St Clair MO has mailed a required land value appraisal to FAA. Part of closure procedure.
80 acre airport property borders major Expressway HWY 44. They had a local buddy prepare appraisal.
550,000 total value minus 350,000 $ for deconstruction cost yielding 165,000 pay out to FAA.
I am thinking laughable move but wait these are educated real estate type albeit small town. Some one is probably dreamimg about bull dozing a runway.
Surely the FAA realizes a 7 to 10 $ miilion dollar replacement value for a very nice midwest airport.
Expect heated commentary to commence soon.
There is a blog kiilo39 st clair airrport.
Airport 80 Acres 165,000 $$ Estimated value
Moderators: GAHorn, Karl Towle, Bruce Fenstermacher
- MoonlightVFR
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Airport 80 Acres 165,000 $$ Estimated value
gradyb, '54 B N2890C
- Mschwarzkopf
- Posts: 44
- Joined: Sat Oct 17, 2015 2:55 am
Re: Airport 80 Acres 165,000 $$ Estimated value
It's sad to see the bulldozing of nice airports in our neck of the woods. Weiss, St. Charles Muni, Arrowhead, Wentzville... Soon, we won't be able to find a strip shorter than 5,000 ft and 75 ft wide.
Is there a projected date?
Is there a projected date?
Mike Schwarzkopf
'51 C170A - N1471D
'51 C170A - N1471D