http://www.landandfarm.com/lf/s/63/82020.asp
Hey Blue,
When you finish your current project how about tackling this one?
http://www.landandfarm.com/lf/s/63/82020.asp
Hey Blue,
When you finish your current project how about tackling this one?
Mike Guertin explains how Pella Steady Set windows are revolutionizing the glazing game and provides a helpful installation tutorial.
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Replies
Hey thanks for the lead Wivell. I'll be back at my own computer on the 4th and I'll drop them an email and give that one a thorough looksee. I don't know anything about W Va, but the building is interesting. It's priced a bit high at this point though but I wouldn't hesitate to make offers of 50%or less.
My curiosity would center on the demand in the area for housing and I'd also be curious about any local amenities.
Interestingly, the thing that makes this building valuable would be it's potential for multiple residential condos but the listing agent never mentions that as a possible benefit. The basic structure, if sound would be worth a considerable sum if duplicated today and the lising agent also misses that as a selling point.
I will track down more information about this one.
Thanks again.
blue
Here in Wichita KS we have an empty school building for sale and the district has priced it at $300,000.I called the district office and asked if they have any interest from the general public in these old buildings and he said "surprisingly we do have a lot of interest in these buildings and we'll probably sell it for our asking price to either a church or private school"I will keep an eye on it and see what happens.On a different note here in Kansas we have walmart stores everywhere and when they outgrow the old building they simply build a new bigger store and move into it, usually close by.I've seen this happen quite a few times in various locations.I called walmart realty and asked if anyone had taken any of these old buildings and turned them into residential use and condos and she said she had never seen this happen as the buildings were zoned commercial and there was always interest for a business or commercial use and they didn't have any problems selling and getting rid of the old buildings"She indicated the local governments prefer the buildings continue as commercial use and the tax revenues are higher and this brings in more money to the local government (as compared to residential usage ofthe building).http://www.wal-martrealty.com/^^^^^^
S N A F U (Situation Normal: All Fouled Up)
I agree that stone structure, just a shell, would cost $1 million easy to duplicate.
Certified asbestos free to boot. It's got potential that's for sure.
i checked the link and looked at other property listed... WOW alot of them had "free gas" which i have to assume is some deal where the pipeline crosses the offered propery and they get it freee for the easement..... one listing even said they use the gas to run a genset so they get their electricty free also... i don't know the limits... but i could see some small business whos main expense is the energy used to produce the product love'n a deal like that.... foundry? kilns? who knows... a compressing station and fuel & run a fleet of nat gas powered trucks? huge refrigerated warehouse... i know those puppies burn energy like a fleet of arc welders...
anyway i found it interesting.... free always sparks my interest...
p
Edited 12/30/2006 11:44 am ET by ponytl
My inlaws live in WV (we actually visited them earlier this week) and they have a gas well on their property. They do get free gas for heating and b/u power generation needs. I do not know if there are any limitations on the volume that you can use, though.
Jon Blakemore RappahannockINC.com Fredericksburg, VA
Pony,
I'm in southwestern PA and have free gas from a well on my property. I'm limited to 300,000 cf a year (about $3000 worth if buying from the local gas utility). Not unlimited, but a nice perk non-the-less.
I knew someone in WV that spoke of a fish farm raising tilapia. They were using some abandoned gas wells (still producing but evidently not alot so Gas co. stopped tending them) to heat water in the fish raceways. It was a pretty nice littlew operation grossing around $50 K a year.
Scott
It is my understanding that often places with free gas also have a deed that gives underground mineral rights to the local mining company. In some cases this has meant they can strip mine darn near right up to your foundation. Nothing is free.
underground easements are pretty common in mining areas... even places where no mining has taken place for 100yrs they could start have'n tunnels under your house in the morning...
read a story where a guy had purchased the assets of a company that owned underground mineral rights in an area of what was now (75yrs later) a very developed area... there were no minerals worth dig'n up... but he sold the underground mineral rights to each current landowner and as i understood he came out very well.... with a few letters like...
"dear sir, as you may be aware ABC mining owns the mineral rights under your home & swimming pool... we are currently doing a study to see if tunneling 24hrs a day 365days a year under your house would be more profitable than offering you the chance to purchase said rights for $5000.00 to prevent this from ever happening... please let us know asap... so that we may be able to cancel the order for the 120,000lb earth shaking boring machine...
p
Yep,
I have some friends in S. E. Ohio, they have told me horror stories of such things.
I hear that W. V. is worse when it comes to protection for the home/"land" owner. Always worth checking into the "really good" deals.
I have relatives that have coal on their property to which they do not own the mineral rights. From what they tell me, they are in a good spot because if the coal is ever stripped away, the area has to restored to its original appearance.... plus they get paid a small amount for the coal.
When you're this good, EVERYONE wants a crack at you!
http://www.petedraganic.com/
Ponytl-
You mention the gas usage. We went to WV a few years ago as part of a two week vacation. My wife loves pretty glass "stuff" and I enjoy watching it blown. We went to about a dozen glass factories to see what they did and how. Many of them run the ovens 24/7 simply because the gas is so available. OTOH, an engineer that we ran into pointed out the smoky, smoggy, grey horizon - said it was the result of so much burning.
Don K.
EJG Homes Renovations - New Construction - Rentals
In the novel 1632, by Eric Flint, the fictional town of Grantville [no s] is transported from West Virginia in the year 2002 to Thuringia, Germany in the year 1632. In chapters 56 - 58, the high school is the scene of a rousing battle, which the good guys win decisively.
The book is available online. The link is to Chapter 56.
http://www.baen.com/library/0671319728/0671319728.htm
Edited 12/30/2006 5:01 pm by UncleDunc