|Posted by YotaMan20|
It's likely owned by the government or a bank. As far as I know, there's not really such thing as a 100% abandoned property in the US.
This is right, at least at some point it wont be abandoned in a legal sense for very long anyway.
Unclaimed i.e. abandoned property usually falls into a process involving forfeiture, sometimes a bank or a county or the state will in effect seize or place a lien against a property if it has some value or they have some interest in it and they typically are required to announce its sale by newspaper ads or other public notices before it can be disposed of to recover tax or debt that may be owed against it.
Most interesting example I have encountered several times while researching places I explored is the use of eminent domain, an entire neighborhood where Jerry Jones new football stadium was to be built was cleared out by the court through eminent domain proceedings, " you WILL sell it to us, one way or another youre going to be moving out! "