Definition of "Marginal property"

Xiomara Leal real estate agent

Written by

Xiomara Lealelite badge icon

Sellstate Achievers Realty Network

Same as term marginal land: Land that has poor income potential, usually used in an agricultural sense meaning that the land is untellable, has poor access, is extremely steep, has suffered serious erosion, is extremely small or irregular, or is located at too high of an altitude to grow crops. Marginal land has a lower market valuation than high quality farm land. For example, property located in New England often is marginal land since it is extremely rocky and experiences harsh winters. Crops raised on this property are often marginally profitable.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Land surveying measurement that is 16.5 feet in length, or 5 1/2 yards. A perch is also called a rod or a pole. Today the term perch is seldom used. It is found in old deeds, surveys, and ...

Hallow masonry wall consisting of an inner and outer wall with dead air space between them. The air space provides increased thermal insulation. Cavity walls are not used in northern ...

Clay-baked, glazed piping that is not damage by water. It is often used in underground drainage. ...

An accounting methodology for separately depreciating individual parts or elements of a building or improvement qualifying as business use or a depreciable asset under the IRS tax code. ...

Legal boundary of property. ...

Payment of the minimum tax by using legal tax planning opportunities such as estate planning. The use of tax avoidance strategies is a sound approach to retaining cash flow. On the other ...

Board behind steps or stair going upward. ...

(1) Licensed broker employed to represent and match both buyers and sellers. Usually employs several real estate agents in an office. (2) Commission or fee charged to sell real estate or ...

A column designed to support a concentrated load. A pier column is made out of steel, steel reinforced concrete or wood. A structure extending out into the water supported by numerous ...

Popular Real Estate Questions