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1900 Blk N Walnut Grove 11 <br /> Decatur, I11 <br /> Summary of Comparable Land Sales <br /> Sale Date Zonin9 Inlot/Corner SF Cost Per SF <br /> Subject 12/84 M-1 Inlot 3,154 -- <br /> 1 3/83 M-1 Inlot 8,276 $ .12 <br /> 2 6/83 M-1 Inlot 255,262 .08 <br /> 3 8/83 P1-2 Tnlot 132,802 .17 <br /> 4 11/83 M-1 Inlot 6,250 .48 <br /> 5 6/84 M-1 Inlot 101,250 .23 <br /> 6 12/81 P1-1 Inlot 54,064 .27 <br /> 7 9/79 P•1-1 Inlot 3II0,714 .09 <br /> These sales are in a range in cost from $.Oa to $.4� per SF. <br /> Generally as the size of tlie tract increases, the unit cost <br /> decreases. However, small tracts may be more difficult to <br /> develop. <br /> Sale #1 is similar in size and location being 150' north of the <br /> subject prooerty. More rectanqular in shape permitting more uses <br /> but no direct road access, adjust up slightly. <br /> Sale �2 is a considerably larger tract, located in the flood plain. <br /> Unit cost would be adjusted up. <br /> Sale #3 is a considerably larger tract, again with no direct road <br /> access. Site has better shape and has rail access. Adjust unit <br /> cost down slightly. Sale #4 is similar in size to the subject, <br /> larqe enough it could be developed and overall better than the <br /> subject. Unit cost would be adjusted down. <br />