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. , . 1 <br /> . . I� <br /> � ' f <br /> I COMPARABLE LAND SALE #4 . I' <br /> i <br /> Address: 800 Block West Eldorado Street ,'i <br /> � Sale Date: May 1987 Price: $3, 200 �: <br /> � Brief Legal: W 10 ' of part of Lot 11 Block 2, S.K. Thompson' s " <br /> 2nd Addition � <br /> �I <br /> Grantor: Mueller Company Grantee: Heimbold ; <br /> Boo3c: 2246 Page: 698 �� <br /> i Zoning: M-1, Light Iradustrial ; <br /> �. <br /> Dimensions: 10' of frontage on Eldorado x 257 . 5 ' deep ( avg) !' <br /> or total of 2, 575 SF. �' <br /> r <br /> Price Per SF: $1 .24 <br /> Comments: Negotiated sale with property purchased by � <br /> adjoining owner. Located on the north side of Eldorado �� <br /> Street. ' <br /> !, <br /> � <br /> I � <br /> i <br /> SUNSNSARY OF COMPARAHLE LAND SALES <br /> ; Interior/ <br /> ! Sale Date Zoning Corner SF Cost Per SF <br /> Subject 9/87 R-3 Interior 24, 150 ----- ; <br /> 1 11/84 B-2 Interior 94, 500 S . 54 i <br /> 2 II/85 B-2 Corner 19, IIII7 1 . 51 <br /> ii <br /> 3 12/86 B-2 Corner 26, 122 1 . 95 <br /> �� 4 5/87 M-1 Interior 2, 574 ? . 24 <br /> i <br /> These sales range in cost from $ . 54 to 51 . 95 per SF . <br /> !; Generally as the size of the tract increases, the unit cost <br /> ' decreases. However, smaller tracts may be more difficult to <br /> i� <br /> develop. <br /> ii <br /> �� i <br /> �! Sale #1 is a property also located in the South Shores area, ; <br /> �� larger, limited in access and diffir.ult to develop dti� to � <br /> ' topography. Unit cost would be adjusted up. ', <br /> I Sale #2 i�; a property which was under long-term lease , <br /> I stronger co�ner location. Unit cost would be adjusted do:an. <br /> j Sale #3 is a similar size site with a stronger corner � <br /> location. Purchaser had considerable motivation to e�ercis� ' <br /> , � <br /> ' his option due to improvements on the site. Unit cost orould <br /> , <br /> be adjusted down. <br /> i' , <br /> �,, 13 <br /> I' <br /> I: <br /> ROTHFUSS — HUv APPct qISE R`; <br />