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<br />Nagell Appraisal Incorporated | 952.544.8966 Page 59 <br /> <br />Sales Comparison Approach -- continued <br /> <br /> Land Sale Comparable #4 <br /> <br /> <br />Property Data <br />Address: XXX 70th Street Northeast, Otsego <br />PID/Legal Description: 118289001010 <br />Description: Land parcel Zoning/Intended Use: Kwik Trip <br />Physical Characteristics: Average Utilities: Public <br />Site Size: 259,182 SF Improvements: None <br />Comments: Larger site with a planned gas station use (Kwik Trip). <br /> <br />Sale Data <br />Sale Price: $1,839,575 Price /SF: $7.10 per SF <br />Sale/Close Date: December 17, 2015 Sale Terms: Cash <br />Buyer: Kwik Trip, Inc. Sale Conditions: Typical <br />Seller: Darkenwald's Riverbend <br />Company II, LLP Source/Verification: RediComps, CoStar / CREV <br />Comments: The property was listed on the open market. <br /> <br /> <br /> <br /> <br /> <br /> <br />