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� <br />{�..7- J:'f l�%`�7y11 iaC .U1iJ..�l�LS...ia11 L J. .� .', ti, Ji'ti L ?. *.. ,... �` '. ,,." .. , l;..i .75 M �, ... ...� ?q?:: <br />/"" <br />�ii E N I_ E^. , T E ' P�2 . 1� E R G P7 D C O i.i � U L T' :� N"`�1 <br />ZONING <br />For the purpose oS ihis appraisal the property is assumed to <br />be zoned R-1 single faxnily residential under the zonino or- <br />dinance now in effect in the City of Mo•.uidsvie�v. Basically <br />this zo�ing allows single family lots on 11, 000 square foot <br />pareels with corner lots havine 12, 500 square feet . Front <br />yard s�:tback of 35 feet and. side yards of 30 feet are caquired <br />togetFet with other restrictions. <br />I-IIGHEST AND BEST USF. <br />The highest and best use has been de:ined as: "The most <br />prufitable uae to which a properYy can be pu!" and also, <br />"tnat use of the land which may be exp. cted to pro3uce the <br />graaYest net raturn to the land over a given perio3 of time." <br />The prasent use of the pruperYy as a parcel o: vacant land <br />is not eatimated to Se the highest and best�use. The parcel <br />has sufficient size, depth and quality of topography to he <br />wcll suited to numeroua bu!lZi.ng improvements. The zonino <br />narruws the range of i:nprovements to :amily ho-n�s. <br />Tl�e dzvelopment o.'. sir.gle family ho.�nes is curren'1}• p-o.'.itable <br />and in prograss in numero�as suburuan araas aroun3 the au�ject. <br />Since btoundsview is nearly :ully develoyed only scatternd xingle <br />family Uome development is occuring. The develo�ment o£ sin�le <br />fami:y hornes on the subject proper:y in light oS tlie currznt <br />economy, thc zrning and physical characteristics o.` the site <br />repr.a:sents tlie hi�hest and :�ca± u>e. <br />_ i <br />� <br />