Laserfiche WebLink
ADIUSTMENT SUMMARY <br /> Following is a summary of the adjustment process utilized in the valuation of the per square foot 41) <br /> value of the subject land. <br /> ionim>`«> > > <> OMPARABLE LA: SALE Sf aE : :: : >><im <br /> COMP COMP COMP COMP COMP <br /> COMP <br /> #1 #2 #3 #4 #5 #6 <br /> SALE PRICE/SQUARE FOOT $1.28 I $.48 $1.96 $1.51 I $1.57 I $1.33 <br /> ELEMENTS OF COMPARISON: <br /> Property Rights Conveyed Fee Fee Fee Fee Fee Fee <br /> Simple Simple Simple Simple Simple Simple <br /> Financing Terms Market I Market Cash Cash 1 Cash Cash <br /> Conditions of Sale Typical Typical Typical 1 Typical Typical Typical <br /> Market Conditions (Time) 12/94 6/90 3/95 7/95 12/93 10/92 <br /> 4% 17% 3% 2% 7% 10% <br /> ADJUSTED PRICE/SQ.FOOT $1.33 $.56 $2.02 $1.54 $1.68 $1.46 <br /> PHYSICAL CHARACTERISTICS: <br /> 0 <br /> -Location M.View New Br. I New Br. New Br. New Br. New Br. <br /> -Size (Square Feet) 121.247 778.853 38.640 45,075 222,592 75.240 <br /> (Subject site has 407,957 SF) -15% 10% . -50% -45% -10% -25% <br /> -Zoning Resid'I Indust'l Business Business Business Business <br /> (Subject is zoned Business) 5% 0% 0% 0% 0% 0% <br /> -Outdoor Advertising Signs I 10% I 10% I 10% 10% 10% 10% <br /> -Other Characteristics/Differences -25% -25% -25% -25% -25% -25% <br /> . (Subject has Wetlands&Buildable Sites) <br /> TOTAL ADJUSTMENTS I -35% I -5% I -65% -60% -25% -40% <br /> INDICATED VALUE/SQ.FOOT $.86 $.53 $.71 $.62 $1.26 $.88 <br /> 4111 <br /> • <br /> -48- <br />