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WI Statute 120.10(12), the School Board may, " Authorize the sale of any property belonging to and not needed by the school district. If a school site or other lands are to be abandoned which were acquired or are held upon condition that they revert to the prior owner when no longer used for school purposes, the school board shall sell any school buildings thereon or move them to another site within 8 months after the school buildings cease to be used for school purposes or the site ceases to be maintained as a school district playground or park
The statute does not prevent them from selling below fair market value as long as the sale is for reasonable value in the best interest of the district as in this economy sale of any property at market value is sometimes not practical in the commercial sales as it is in residential sales.
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