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What did Good Pointe LLC buy, and what makes the sale record-breaking? Good Pointe LLC purchased 97 acres in the 5700 block of Twin Silo Road, which included a 12,791-square-foot home, stone barn ...
Land development plans for the newly purchased 65-acre combination of five lots in Sterling Business & Technology Park, Wayne County, call for an 800,000-square-foot structure as high as 60 feet.
The Act of March 1, 1800 [7] provided for dividing quarter townships into lots of 100 acres (0.40 km 2) each, 880 yards in width by 550 yards in height. [8] On March 3, 1803, the unclaimed land was divided into one mile (1.6 km) square sections and into half sections, and sold as essentially Congress Lands by the Chillicothe and Zanesville land ...
But to encourage more sales and make them more affordable, Congress also reduced both the minimum price (from $2.00 to $1.25 (equivalent to $27 in 2023 [1]) per acre ($495 to $309/km 2)) and the minimum size of a standard tract (from 160 to 80 acres (647,000 to 324,000 m 2)). The minimum full payment now amounted to $100, rather than $320. [2]
The Preemption Act of 1841 allowed settlers to claim up to 160 acres of federal land for themselves and prevent its sale to others including large landowners or corporations; they paid only a low fixed price of $1.25 per acre ($3.09 per hectare). [13]
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