
01/09/08, 08:38 PM
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Join Date: Jan 2007
Location: "downstate"
Posts: 604
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FM,
I'm just a little south of "right in the middle" and if that pipeline goes through, you can expect that land to go down to about $2000/ac. I'm just east of of IL's NG/Oil pipeline jungle and they're having trouble getting rid of that type of land here, unless city-slickers use it to get out of Capital Gains.
If the line doesn't go through, well then, it's however you want to market it. I've seen land listed around here that wasn't good for anything but hunting and listed for $7500/ac. Take a corn field close to town, you've got yourself a high-end subdivision and can make $30,000/1/2 ac!
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