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[WA] Odd offer letter out of the blue, offering almost 16x the value of one of my lots. Why? : RealEstate

[WA] Odd offer letter out of the blue, offering almost 16x the value of one of my lots. Why? : RealEstate


Location Clallam County Washington

I own two lots side by side (see pic https://i.imgur.com/9qsehj8.png). The blue lot has all my structures on it, the orange lot was originally bought from a neighbor, in an attempt to deter the country from extending a road through it.

I bought them together, paying $1 for the orange lot. It has an appraised value of around $1000. Value to me is $0, it is actually a pain in the butt to remember to pay the $12/yr taxes on it. It is NOT wide enough to legally put anything on it, not even a shed. There wouldn’t be enough space between the structure and the property lines. I can not think of a reason to own this property. Total size of the orange lot is .12 acre. We are in a rural area, there are no houses immediately next to it. The neighbors don’t want the land. Under it is water pipes that dead end (From our water coop), on top is a few young trees, and a power pole. Along side is my apiary (bee farm).

Today I got a letter from a legitimate company (I researched it), they are offering round $16,000 for it.

I can’t for the life of me figure out why anyone would want this lot, especially to the point of paying so much more than it is worth.

Any ideas here?



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