Property Sales Bring In Extra Funds for Road Projects

JEFFERSON CITY, MO – March 8, 2010 – (RealEstateRama) — A state highway property sales blitz has generated more than $675,000 for road and bridge projects that will make Missouri highways smoother and safer.
The Missouri Department of Transportation tried something new last November – an all-out attempt to sell multiple properties across the state in a short period of time. The agency identified 21 highly marketable properties, then advertised them for sale by auction or sealed bid over a five-day period. The realty blitz brought in $676,739 and transferred land the state no longer needed to build, improve and maintain the highway system to interested property buyers


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