I went through a Second Life land trading phase quite a few years back. Properties like this were very valuable to advertisers. Because of advertisers, it was possible to be a niche real estate mogul for weird useless little virtual properties like this that could earn you an actual meaningful real-world income. Second Life had (may still have, I’ve not been back in a while) its own advertising industry and multiple adtech networks. A despicable inevitability of having completely free content creation tools and also an economy that can trade with real money. People trying to sell their creations want people to pay in game currency to get their things, so they can extract the value to real money. They want people to know about their products, so they turn to people who will accept in game currency to blast awareness of their products everywhere. Those advertisers want land, which they need to buy. Probably from another player.
So, the first thing I thought of when I saw this plot was “BILLBOARDS!!!” and I hate it.
I am a very large snake and this is my dream home.
Seriously though, that isn’t just someone’s easement? How did it even end up as a separate lot?
In all honesty there are probably some perfectly reasonable official records that somehow got parsed incorrectly to give us this abomination.
My bet is that a developer bought up a huge chunk of land, and built these subdivisions on it. The roads, houses, and strip were all originally part of that property. That tiny strip is an easement owned by the HOA. It is not, nor will ever be, for sale. However Zillow didn’t know what to make of it, so just listed it as a land property and then applied its normal value calculations to the strip.
An old municipal right of way that got turned into private property somehow.
People living in those houses should definitely be attempting adverse possession on it.
If you really hate someone who lives in one of those six houses, this lot affords you many opportunities for mischief.
I can’t imagine any other reason for this to exist.
It looks wide enough for a billboard to me
The perfect property for the zip line/archery enthusiast
I prefer zipline riflery
- Buy
- Build a wall
- Add cameras
- Charge neighbours for taking down the wall and yearly fee for not building it again.
- ???
- Capitalism.
Is this what rent seeking is? I’ve always had a hard time understanding that term.
More or less? Actually it’s more like extortion as written, but generally speaking rent seeking is buying something that you can get others to pay you for regularly. Like “hey, this land has oil, I’ll buy it and lease the oil rights” or “hey, this land has a house on it that people like to live in, I’ll buy it and lease the habitation rights”.
Build a home on it. Live the hallway dream.
Never understood how Americans live like this. Probably would be better in an apartment
You never understood how people could live in homes over 2000 sqft with two car garages?
It’s not that. It might be because I grew countryside but amount of garden for a house is extremely small
Oh okay there makes sense. Yeah something that isn’t talked about much is how single family zoning has evolved to require much less yard space.
