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' . • � , �'l17,r•T�'i�'�l��re%f '�6fj'i[�� <br /> Re: Proposed Alley Vacation <br /> Green Street South between <br /> Monroe Street and Mercer Street <br /> SALES DATA <br /> ADDRESS REFLECTED PRICE <br /> 2600 North Dineen $ .67 per sq. ft. <br /> 838 North Broadway $ 1.00 per sq. ft. <br /> 1123 North ZOth Street $ .32 per sq. ft. <br /> 1853 North Railroad $ .83 per sq. ft. <br /> 902 East Wood Street $ 1.00 per sq. ft. <br /> We note sales 4�2, ��4 and �65 were sales to adjoining property owners <br /> and they may have paid a premium. The data indicates a range for <br /> sales l�l and 4�3 from $.32 to $.67 per sq. ft. , therefore a typical <br /> value would be $.50 per sq. ft. <br /> Land 3,200 sq. ft. x $.SO sq. ft. _ $1,600 <br /> The various limitations, in our opinion, reduce the value approximately <br /> 50 percent. <br /> Estimated Value = $1,600 x 507 = $800 <br /> Estiiaated Value to Accrue to Recipient of the Vaeation = $800 <br /> If we can be of further assistance please call our office. <br /> Yours very truly, <br /> ROBY & ASSOCIATES <br /> E. A. Schroeder, SRA <br /> EAS:pr <br /> er.closures <br />