Wednesday, June 3, 2009

Corner of 178 and Magnolia in OB

Owner is Mavin Gilmer. It is zoned M1 industrial. Marvin's office is in the 18,000 sq ft bldg that is on the site. The property is roughly a square I think. He did not really give an asking price but said that an agent told him six years ago it was worth $1 million. That would be about $3.70 per foot. This is the SE corner of the intersection.

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