Airport 80 Acres 165,000 $$ Estimated value

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MoonlightVFR
Posts: 624
Joined: Sun Jan 02, 2005 5:55 pm

Airport 80 Acres 165,000 $$ Estimated value

Post by MoonlightVFR »

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.
gradyb, '54 B N2890C
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Mschwarzkopf
Posts: 44
Joined: Sat Oct 17, 2015 2:55 am

Re: Airport 80 Acres 165,000 $$ Estimated value

Post by Mschwarzkopf »

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?
Mike Schwarzkopf
'51 C170A - N1471D
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