Jim that is cheaper than buying 40 acres elsewhere and moving it next to yours. Some folks wait a whole lifetime for that 40 next door to come up for sale. That doesn't mean it's a good decision. It merely means that a person that is financially blessed can do these things whether they make sense or not
Jim - how big of an impact will that have on land valuations in that area relating to taxes?
Will the assessor(s) take the "uniqueness" of this sale into consideration?