Cap Rates

[Terrel L. Shields]

I would be interested to hear from those that are doing AG appraisals what the cap rates are for vacant farmland in their area. Here they are only 1.9-2.2 roughly.

Pretty common in ag country here. Since most of the area is in transition to development, doesn't apply. Cap rate using pasture rents would be roughly 0.1%. New building intensive farms like poultry farms would average 9-12% cap rate.

 

[Zoe]

Pretty common in ag country here. Since most of the area is in transition to development, doesn't apply. Cap rate using pasture rents would be roughly 0.1%. New building intensive farms like poultry farms would average 9-12% cap rate.

Be sasier maling ajustments for l;ocatio. No disepect. You are locat4ed in my favorite President in my lifetime. He carried TN. My wife woul;d have killed me.

 

[Zoe]

There are rumors the Clintons killed people. I don't believe that. GOP rumors. LOL

 

[Zoe]

I did win like $400 on a penny slot machine in Arkansas. Wife was in bathroom and came back and the slot machine kept ringing. We had already lost like $20 dollars on the greyhound races. They don't run the greyhounds in West Memphis Ark anymore.

I cashed out and said we are leaving honey. We are going somewhere. We went to downtown Memphis that night I think. The little lady at cashier at casino said that didn't take long. I said baby, I don't take long. LOL

 

[Zoe]

To be honest, I don't know how POTUS went bankrupt on a casino. The odds are always in favor of the casino.