Laserfiche WebLink
Sales Comparison Approach —continued <br />Listed below is the adjustment grid for the comparables listed on the previous pages. <br />Comparable items of significant difference are adjusted for. <br />SALES COMPARISION ADJUSTMENT GRID <br />Subject Sale 1 Sale 2 Sale 3 Sale 4 Sale 5 Sale 6 Sale 7 <br />NEC of Joplin& 17175 Yale 97X(US Hwy )0=Fremont )0=Quantrelle 14-2nd Street 1730-139th )0=-7th <br />Address Business Ctr Dr, Street NW, 10, Avenue, Ave NE, SE, Lane NW, Street E, <br />Elk River Elk River Elk River Zimmerman Otsego St.Michael Andover Monticello <br />Proximity Subject 4 miles SE 6 miles SE 12 miles N 4 miles SE 7 miles SW 16 miles SE 12 miles W <br />Property Rights Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple Fee Simple <br />Financing Market Cash Cash Cash Cash Cash Cash Cash <br />Conditions Typical Typical Typical Bank-Owned Bank-Owned Gvt.Sale Gvt.Sale Typical <br />Sale Date Current Jul-15 Oct-14 Apr-15 Nov-14 May-15 May-15 Oct-14 <br />Location Average Avg/Good Avg/Good Fair/Avg Average Average Good Avg/Good <br />Use Commercial Commercial Commercial Commercial Commercial Commercial Commercial Commercial <br />Site Size 32,670 43,560 50,530 47,044 105,000 19,000 57,064 123,275 <br />Phys,Char. Average Average Storage Bldg Average Average Average Average Average <br />Utilities Available Available Not Available Available Available Available Available Available <br />Sale Price Current 50,000 $95,500 $120,000 $260,000 $30,000 $203,400 $290,000 <br />Price/SF 1.15 1.89 2.55 2.48 1.58 3.56 2.35 <br />Adj ustme nts <br />Property Rights Fee Simple <br />Financing Market <br />Conditions Typical 5% 5% 5% 5% <br />Net Adjust 0% 0% 5% 5% 5% 5% 0% <br />Part Adj.$/SF 1.15 1.89 2.68 2.60 1.66 3.74 2.35 <br />Sale Date Current <br />Equalized$/SF 1.15 1.89 2.68 2.60 1.66 3.74 2.35 <br />Location Average 10% 10° 10% <br />Use Commercial <br />Site Size(SF) 32,670 5% 10% <br />Phys,Char. Average 5% <br />Utilities Available 15% <br />Net Adjust 10% 0% 10% 5% 0% 20% 0% <br />Adjusted Price/SF 1.03 1.89 2.95 2.73 1.66 2.99 2.35 <br />Note: Wide variation in sale price is not uncommon given the current market and outlying <br />location. <br />44 Nagell Appraisal&Consulting 1 952-544-8966 1 www.callnagell.com