This is a vacant lot of 1.04 acres for sale at $68,500. See: http://www.loopnet.com/Listing/19715528/1377-S-Genoa-Way-Aurora-CO/
The problem is that it is zoned industrial. If it were zone residential, it would be worth at least $400,000. So what would you do with it, build a warehouse? Still the price is fantastic.
Update: The land is totally unusable because S Genoa Way has not yet been built in the area. So the person who buys it will have to sit on it for the next 20 years or longer until the area is developed.
No comments:
Post a Comment