Excess Property

• Realty to Roads Program• Political Influence• Construction program decreased• Generate revenue

Realty to Roads Program

• Implementation• Director and Team• Primary Tasks • Strategies

Methods of Selling

• Realty For Sale webpage http://www6.modot.mo.gov/PropertyForSale

Methods of Selling

Methods of Selling

Methods of Selling

Methods of Selling

Methods of Selling

Methods of Selling

Methods of Selling

• Public Auction• Sealed Bid• Online Auction• Modified Auction• Realty to Road Blitz• Direct Sale

Realty to Roads Strategies

• Survey Strategies• Appraisals• Real Estate and Marketing Consulting Firms

Realty to Road Results

110 112

228

344 354 312 312

225 207

0

300

600

900

2007 2008 2009 2010 2011 2012 2013 2014 2015

Num

ber

Fiscal Year

Number of Excess Properties Conveyed

Excess Conveyances

Realty to Roads Results

3.84.4 4.3 4.4

5.37

8.6

7.3

4.8

2.6

0

3

6

9

2007 2008 2009 2010 2011 2012 2013 2014 2015

Dolla

rs(in

mill

ions

)

Fiscal Year

Gross Revenue Generated from Excess Properties Conveyed