What is the going rate for marsh?
An opportunity has come up for me to buy a section and I was wondering if anybody had an idea of what the fair market value per acre would be?
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I just bought some recently,one section apraised for $350 an acre,the other for $500.
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If I remember correctly, the original selling price for all the Amoco marsh 15 +/- years was between $200-250/acre
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Is any of the quoted land accessible by vehicle?
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I can't see the reason for buying marsh land..... I mean it's marsh.... It's gonna possibly b gone soon..... A long term lease is a better option.....
But if u can get some solid ground with marsh on , in or around it it would b Kool to have as family land. Dink made a great point. If it's accessible by land that's a bonus. If it water only then u gonna wanna gate all the entrances.... Just seems like a headache to own marsh...... And everytime I've seen marshland available it's thousands of acres..... Never seen less than 10,000. |
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It is acc by truck,and yes mineral rights came with it.I am offshore right now,but if you like i could get you the guys name that appraised it when i get home.
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Another thing,check your right of way to get to the land,Sometimes it aint easy to get to all your land without crossing someone else.
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