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Updated over 15 years ago, 04/12/2009

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Land & New Construction

Land near an Airport

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I am looking at buying 575 acres near a site where an airport will be going in. Any opinions on how this airport will affect this land? Airports usually will cause nearby houses to depreciate in value, but this is raw/untouched land. Is this a wise investment? Should I buy this land and develop it for commercial use? Or buy it and sit on it?

Any thoughts?

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