tag:blogger.com,1999:blog-8661737.post8876659204014915428..comments2023-09-25T06:47:42.119-05:00Comments on Worcester Blog: Tacoma NarrowsBill Randellhttp://www.blogger.com/profile/12621739944440784768noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8661737.post-81578288576496420212008-11-01T09:27:00.000-05:002008-11-01T09:27:00.000-05:00jahn said:"..but if some the real (estate) can be ...jahn said:<BR/><BR/>"..but if some the real (estate) can be put to other uses?????"<BR/><BR/>Anyone willing to buy the airport, or any other business, is speculating on what they can do with it that the current owners aren't. That's the nature of buying a business.<BR/><BR/>There are plenty of what-if games you can play:<BR/><BR/>What if we get Jetblue to fly out of ORH?<BR/><BR/>What if we get Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8661737.post-538199066317424332008-10-31T12:45:00.000-05:002008-10-31T12:45:00.000-05:00But Steve, I think we have to factor in the value ...But Steve, I think we have to factor in the value of the real estate, too.. .......argueably the buyers hands are tied if it has to be used as an airport.....but if some the real can be put to other uses?????<BR/><BR/> Not that it's nec. of indicative of market value....but i once looked a while back and tha airport is valued at about $25M by the assessor.......double check me thoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8661737.post-73325826612467223682008-10-31T09:16:00.000-05:002008-10-31T09:16:00.000-05:00From what I can figure, the airport, as currently ...From what I can figure, the airport, as currently operated, could turn an annual profit of about $100,000, if they would stop spending money to support non-existent airline operations.<BR/><BR/>I think a business turning a $100,000 profit is worth about 1/2 million dollars. That would yield a 20% ROI. Paying $5 million would yield a 2% ROI.<BR/><BR/>** Note: Profit estimates are based on Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8661737.post-22698325823182017032008-10-30T11:41:00.000-05:002008-10-30T11:41:00.000-05:00Fed'l law dictates the price between gov't enitite...Fed'l law dictates the price between gov't enitites only ??..............or between a private buyer and public seller as well?<BR/><BR/> Wow....thats an eye openerAnonymousnoreply@blogger.com