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' i <br /> a - - - - - -- - -_ - - --�— - -- - - — -- -- - - -- — <br /> � -- -� - --- - — _. ._. _ _. <br /> 1900 B1 k N �•lal nut Grove 12 II, <br /> Decatur, I11 <br /> Sale #5 is a considerably larger tract also long and narrow. Site <br /> has better access , adjust down. Sale #6 is a considerably larger <br /> tract, irregular in shaoe and difficult to develop, however, better <br /> access and provides good lot storaae, adjust down. <br /> Sale #7 is part of the former Illinois Terminal Railroad right of <br /> way and is very low lying making it difficult to develop. Unit <br /> cost would be adjusted up. <br /> Most of these comparahle sales were purchased by either adjoining <br /> owners or owners of property in the same general area. Their <br /> motive for purchase was to expand ttieir lot areas for parking or <br /> lot storage and not for development purposes. <br /> After adjustments a unit cost of $.15 per SF would be in line for <br /> the subject. Apolying this: <br /> 3,154 SF @ $.15 or <br /> Indicated Value by Market Data Approach . . . . . . $500 <br />