Gobears81
Senior Member
- Joined
- Nov 7, 2013
- Professional Status
- Certified General Appraiser
- State
- Illinois
Last line in the article:$1,750,000 / 6 = $291,666.67 per acre. Oregon land is expensive.
In December, the church rejected an offer of $1.75 million for the six acres. The offer was about $200,000 more than the highest appraisal value
Sounds like the offer was more than fair. Whether the school demonstrates need for eminent domain, looks like that is questionable. But look at the land in question (or what I think the land is) on a map:
5303 River Road N, Keizer, OR