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Sales Comparison Approach -- continued <br />COMPARABLE 4 <br />a r. <br />z A <br />1 <br />a <br />w s <br />a A <br />F <br />111 rn <br />Da <br />L 5 7545 :1G1 <br />5Q0 7 tl' <br />Z <br />w <br />w <br />t T18b7800'1'470 <br />He 1;a1M1 <br />9.5t Sl NE <br />6ise90 <br />r <br />c <br />9+NE / 17-Ln <br />i5 <br />SPLE4 1, <br />1 9tl Au MV I <br />Bta g <br />z BCtlM1 St Nf 88tH 51 YE <br />B]Ih 5[Pff <br />C <br />3ai:.'[NE 2 83rd l NE 831d <br />1ES1M Avs NW I <br />f CneN'1 f <br />IF— <br />fill <br />Y&IN S] 18 8A4e MY <br />75IM1 4 <br />Property Data <br />XXXX Quantrelle Ave NE, <br />Address: PID/Legal: 118217000110 <br />Otsego <br />Property Use:Commercial Physical Characteristics: Average <br />Site Size (SF):105,000 Utilities: Available <br />Comments: Commercial property located in close proximityto the City of Elk River. <br />Sale Data <br />Sale Price: 260,000 Price per SF: 2.48 <br />Sale/Close Date: 11/4/2014 <br />Property Rights: Fee Simple Buyer: WFCIII, LLC <br />Financing: Cash Seller:GCI Capital, Inc. <br />Conditions: Bank-Owned Source/Verification: CREV, Buyer's Rep. <br />Comments: Bank-owned sale price appears to be somewhat discouted. Openly marketed. <br />40 Nagell Appraisal&Consulting 1 952-544-8966 1 www.callnagell.com