Anyone ever tried to buy land from a railroad before?
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Date: April 29th, 2025 8:06 PM Author: When I grow up I want to be a pumo
Working on a real estate deal. Building sits on land owned by a railroad company, building owner pays yearly rent to the railroad.
It seems crazy to buy the building and hope the railroad just keeps renting the land to me. It's on a freaking one year lease. So I would propose to the railroad that I buy the land, or at least rent it for a very long period. Dollar amount of the lease is trivial, maybe a couple thousand dollars a year.
Has anyone ever dealt with this before? I've heard doing anything with a railroad is super bureaucratic.
(http://www.autoadmit.com/thread.php?thread_id=5718296&forum_id=2#48891596) |
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