Sunday, April 07, 2013 6:05:30 PM
Hope that life is great for all. I cannot read the lot # and sizes on the "Dawson Creek Property Draft Picture" on the Website, so just using my best guess I have come up with this. A couple of months back I post a 10 acre lot about 1 mile northwest of us on Remax for $ 1,350,000.00 asking price thats $ 135,000.00 per acre. Our website says our 157 acres is presently valued at $ 10,700,000.00 and will be valued at $ 24,000,000.00 once changed from farm land to light commercial along with roads, sewage, water, etc. this equals out to $ 152,866.00 per acre. So as I understand it there is 25 acres set aside for the truck stop, 30 acres set aside for commercial use, and 15 acres set aside for the wind farm, this equals 70 acres (my best quess) for Multicorp developements and 87 acres represented is the 32 lots mapped out on the draft that would average out at 2.71875 acres per lot at $ 152,866.00 per acre is $ 415,604.44 per lot times 32 lots equals out to be $ 13,299,342.00 in land sales (for a little over half the acreage) plus the revenue from the businesses. I believe this next week will be fun for all. Thanks to all who post here, I read them all and there is some excellent DD done also thanks to all management for their dedication and hard work to make thing happen.
Thanks
Steve
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