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Approximately 15 tracts
were purchased here during 1973-74 at an average
cost of $3,000 per acre, or $.07 psf. The Myers
Company purchased approximately 1,500 acres
in Tampa. Prices for locations at interchanges to be build on Interstate 75 were in the range of $.03 to $.07 psf. Today these same sites would be in the $12 to $14 psf. range. A tract initially purchased for $4,000 ($.09 psf.) is now worth in excess of $15 psf.
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