What is the connection between these pictures and real estate?
Not much really, except that these lines, boxes and boundaries are painted on real estate. It's a parking lot of a school in an established neighborhood where a one-third acre lot would sell for $100,000 if one ever came on the market.
So these lines are sitting on several millions of dollars of real estate.
And they do make some interesting patterns.
And...
Well the lines are in stone but it shows that not everything is perfectly straight
Apparently, the painting contractor lacked pride of workmanship
It could be a testament to giving the job to the contractor with the lowest bid!
Dave Halpern
Louisville, KY
Dave, that is an interesting photo, and never thought of a parking lot being worth so much, but so true.
Dave, interesting and never thought of this and agree that the lines are sitting on several millions of dollars of real estate.
Thanks for sharing your thoughts and your photographs.
Many schools occupy very valuable real estate. Some smart developers will figure how to combine school space and residential or commercial projects.
Interesting concept, Dave and I have to say that I noticed the parking lot painters are about as good as me at drawing a straight line! LOL
And, yes, that's some valuable real estate those schools & their parking lots are on in our area too. I've always wondered why no one has thought of live/work/school concepts on some of this property like our live/work communities. Businesses and residents have co-habitated for years...why not add schools to the mix?!
Interesting way to look at it Dave. I've often driven by an older business and wondered how long they can stay in their location with the property values going up. When it comes to schools, they don't pay taxes and we need them in every community. I guess as taxpayers, we pay for the school parking lots and schools even when they sit on highly valuable lots.
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