but that spot has pavement, electricity, plumbing, drainage and so on.
So comparing an airport or just the tiedown area to empty vacent land is not the
same. 2 different animals even without the story book problems. It was also
confusing because you only mentioned one tiedown spot, but now you sound like
you own the entire ramp (all 60 spots). If you do not own all 60 tiedowns then
trying to figure out how many would fit in a 2.5 acre's still does not make
sense because it really has nothing to do with buying land since its not for
commericial purposes.

Craig Prouse wrote:

"Jeff" wrote:

I was not able to see the math you did on the 400k , you pay taxes on your
tiedown spot, but you didnt say how much yearly.

Schools fail to emphasize that without the facility to solve "story
problems," there is not really any point in teaching arithmetic.

You don't need to know the size of my tax bill to figure the value of the
land. You just need to figure out how many of my tiedown spots would fit in
2.5 acres, then multiply by the value of the tiedown spot. I hinted at that
when I specified the number of sets of tiedowns.

Your tie down spot for your airplane is different then someone who is
purchasing a home or land.

That's not to say that the other two "R"s have not suffered as well.