Forest Service property in Jackson under contractJul 21, 2013 Associated Press
JACKSON (AP) -- The U.S. Forest Service has entered into a contract to sell 10 acres at Bridger-Teton National Forest headquarters in Jackson.
Real estate agency William Van Gelder says the price agreed on for the property is $11.5 million.
He would not name the party that hopes to buy the land.
If sold, the acreage would come into the town under rural zoning and would require a zone change for commercial development.
The town has resisted calls to include the land in a zone allowing hotels.
The potential buyer has promised to commit to the purchase between Aug. 12 and Sept. 24.
The Forest Service is selling the property to raise money to improve its headquarters.