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Board reviews appraisal for former Warren Dupree Elementary on Gregory Street; sale or marketing strategy left for later
Summary
Board members reviewed an appraisal valuing the former Warren Dupree Elementary site at about $1.4 million and discussed rezoning, site features and next steps for marketing or holding the 10‑acre property; no formal sale action was taken.
Board members reviewed an appraisal for the property formerly known as Warren Dupree Elementary School, located at 700 Gregory Street, and discussed next steps. A district presenter said the site is roughly 10 acres and that the appraisal returned an indicated value of about $1,400,000.
Staff cautioned the appraisal figure is not equivalent to market value. “Appraised value is not always market value,” a district speaker told the board,…
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