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.

 

[Fernando]

I went to see my rental in SF this morning. It's a nice area not in Felony Flat type area.
For past ten years, there is this corner building which has been vacant. It was used as office space. The writing was on the wall that office space for old buildings was less desirable even a decade ago.
I can't understand why owner or Lease Agents can't rent it. It's a sore sight and doesn't help my property value.
A year ago, the building was remodeled but still vacant.
Imagine appraising that building having no rent income for so long.

 

[IlliniApp]

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