Stanford owns 8180 acres of land, including 4017 acres in unincorporated Santa Clara County, 2701 acres in unincorporated San Mateo County, 1161 acres in Palo Alto, and 301 acres scattered among Woodside, Menlo Park, and Portola Valley. Valuing the land in unincorporated areas conservatively at $1 million/acre and in incorporated areas at $3 million/acre yields a value of about $11 billion. This is extremely misleading, however, since Stanford cannot sell any of its land, and thus it can be argued that the fair market value of Stanford’s land is $0. Even the land occupied by outside entities (Stanford Shopping Center and the Stanford Industrial Park) is leased out on 99-year leases, not sold.
Such a good question I even googled it. Stanford covers 8180 acres, 60% is undeveloped but some of it houses a high end shopping mall and a major hospital.
Residential plots in the neighborhood run $1,00,000+ an acre. So I ballparked it at $8.2-ish billion worth of land.
It’s way more complicated than that of course, beginning with the fact that some of the high value per acre in the neighborhood is due to being Stanford’s neighbor and because they’ve tied up so much inventory. Some of the land is under very favorable long term leases to Palo Alto, so that land isn’t worth much til the leases run out. And so on. But $8B feels like a good round number to me.
Billions and billions. Literally. I don’t know the exact amount of land that Stanford owns, but it owns alot and it is all centrally located in the most expensive real estate market in the world (Silicon Valley). Office buildings, land, that you don’t think is owned by Stanford (as it is not on campus) is actually owned by Stanford. The Stanford endowment is some $25 billion or so—so I’m sure that they have billions of dollars worth of land.
Check eBay for it’s collector value. Other than that it’s worthless. Of course US currency will soon be the same way if we just keep printing money to give away.
As a former property consultant and an Investor myself, I am a bit knowledgable about buying land. A piece of Land for investment would mean a plot. While buying a plot or any property, golden rule is LOCATION. Since it is for investment, it should be:-
- At an area where legal registry is possible (avoid unauthorised colonies)
- Escape fraud (builders who promise delivery but possessions are delayed for years). How? Get cross consultations from a half a dozen Property agents/dealers. Research about builders previous projects by visiting and talking to old customers (don't rely on internet alone)
- Buy
Hard to beat Manhattan for value. Beads for a whole island, current value $1.75 trillion. Cost of beads, about 24 dollars.
But the highest value purchase, in terms of current value, might well be the purchase of the West, in the Treaty of Guadalupe Hidalgo. This treaty, signed on February 2, 1848, ended the war between the United States and Mexico. By its terms, Mexico ceded 55 percent of its territory, including parts of present-day Arizona, California, New Mexico, Texas, Colorado, Nevada, and Utah, to the United States. The cost to America was $15 million and the assumption of all claims citi
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From the question ("Is going to Stanford or Harvard worth over $250,000 worth of debt? (No financial aid)"), it's difficult to tell whether you're intending to ask a hypothetical or asking for practical advice.
On a practical level: You won't go $250,000 into debt at Harvard. The Office of Admissions and Financial Aid. Harvard will not ask you to pay anything beyond what they believe can be contributed by (1) your parents and (2) your own term-time work. Their policy is that any student who so chooses will be able to graduate debt-free. And in fact, less than 25% of graduating seniors graduate
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In commercial real estate, the value of a developed property can be divided into two parts: 1) the value of the building(s) that sit on the land, and 2) the value of the land itself.
To calculate the second part, the land value (or, as we call it, the Residual Land Value), one first determines
A) what price someone will pay for both the building and the land together,
and then
B) what it would cost to build that same building, including developer’s profit.
Subtract B) from A), and you get the Residual Land Value.
Note that A) can swing up and down wildly and rapidly depending on the economy. On the
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Very good question. I have no clue. And I doubt too many people actually do know. I wouldn't believe too much of what anyone might say and that incl catholic priests of whom the large majority have even seen the front door of the Vatican let alone pass through it. But ponder this - roughly 4500 people work in the Vatican. ( correct me if I'm wrong) what do they all do. Who pays for them. Salaries bonuses etc etc. What benefits did they receive for working with any evil leaders. Hitler for one.
This is all about relativity and frames of reference.
If you wanted to buy some space here -
It would be relatively cheap.
If on the other hand you wanted to buy some space here -
It would be relatively expensive, but not infinitely so.
I hope that clears up your ambiguous space reference and makes it easier to frame a better question.
They were asking this when I was there thirty years ago! The admissions department explained that California is a huge state with an enormous local population to draw from, and many students don’t want to go a long way from their parents. Also, the California school system is very good, so it’s not unreasonable that a lot of California kids would end up going there.
A narrow way to interpret this question is to ask whether the financial return to attending Stanford or a similarly selective college is positive - that is, does the increase in lifetime earnings exceed the extra cost. This seems like an answerable question, although because we don't get to run the experiment of randomly assigning large numbers of students to schools and measuring their subsequent income, there is a fair amount of debate about what is the correct answer.
One well-known attempt at an answer is research by Stacey Dale and Alan Krueger (link
and link
). They estimated that for most
Hong Kong: $2,100,000,000 per acre
Las Vegas: $34,000,000 per acre
New York City: $123,000,000 per acre
Chicago: $37,000,000 per acre
Philadelphia $13,000,000 per acre
New Jersey: $196,410 per acre
Connecticut: $128,824 per acre
Maryland: $75,429 per acre
Pennsylvania: $31,923 per acre
North Carolina: $16,230 per acre
Vermont / Oklahoma: $7400 per acre
Nebraska: $2936 per acre
Wyoming: $1558 per acre
Trying to find out about Iraq, Peru, North Korea, Indonesia, but it’s very hard
You don’t "need" to donate anything.
Do exceptionally well in high school AND have a unique skill or do something unique that says you have something to offer beyond just good grades. Do something or be someone that stands out and that will be the "it" factor that gets you admitted to Stanford.
By what someone is willing to pay for it. An ideal starting range is usually gathered by seeing what other similar homes in the area have/are selling for.
Now a Days, Hyderabad is one of the Best Real estate hub.
Invest on land surrounding Hyderabad like Shadnagar & Kothur with low Budget. It is a South Hyderabad and always a better investment option.
It is Near Shamshabad Airport and supported by government and many companies have started their operations. In the neighborhood, many prominent residential, educational and commercial developments. You will get good return on investments in future.
- Shamshabad – Shadnagar in the Aviation Zone of Hyderabad.
- Well connected to Regional Ring Road.
- Equidistant to IT, Hardware, Industrial & pharma corridors.
- Di
