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From what we can figure about half of the property is in the flood zone (part in the 100 year and part in the 500 year flood zone)and half is NOT in the flood area, land is priced accordingly. There is a Lamar Billboard on the property that leases for $600 per year. (Same family owns MLS and there is a culvert under the highway that connects the two properties if anyone is interested, you can see the properties on the documents attached)
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