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Here is a listing for the property across the street (61ac for $6m). As I've mentioned in the 5 different "Baggett's facility is for sale" threads, The Villages is building across the road from Baggett's property and that entire area will look completely different in less than 5 years, that is why the valuations are so crazy. This area was working class rural folk until very recently, and now over 1000 people a day are moving here, most of them with lots of $$$
https://www.foxfirerealty.com/p/911-County-Road-48-Groveland-FL-34736/d…
This is not a fire sale or a rush sale, this is a long play for The Villages (IMO)
The Villages is a crazy place for many, many reasons
My original question was to the guy saying Reed’s facility sold for traditional acre/$ amounts vs. a price increase as it had value outside of just the amount of acreage.
https://www.zillow.com/homedetails/40005-Burggraf-Ln-Dade-City-FL-33525…
https://www.facebook.com/kingandassociatesrealestate/videos/40005-burgg…
Sold: $900,000Sold on 02/07/20
Pit Row
As for Chad Reeds place, although Eighty Three Holdings (Racing) has been using it for a couple years the actual deed didn't change hands until February of 2020 for the premium price of $900K (He started at 2.5 mil).
Also, nobody said it sold for traditional acreage value, there were improvements like buildings and a home. But if you want to do the math (63Acre at 900k) that is a little over 14k an acre.
https://www.vitalmx.com/forums/Moto-Related,20/For-Sale-Bamland,1389050…
https://www.vitalmx.com/forums/Moto-Related,20/Chad-Done,1342480?exclus…
Not long ago, some candidate showed up at The Villages, talking to the people, he asked "What can I do for you here at the Villages?"
One woman said, "Well, you can do something about the goddamn STD's"
https://www.buzzfeed.com/likethebreadorthedressing/seven-days-and-night…
It's a wild place
or the people constantly looking over your shoulder (condo commandos)
We went to a golf community in Daytona and NOT Margaritaville, which sounds like a small Key West version of the Villages
Getting close to 3 years now, still hasn't sold...........
Post a reply to: Baggett's facility for sale