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DESCRIPTION OF SUBJECT PROPERTY BEFORE ACQUISITION SITE DESCRIPTION Location The subject property is located within the city limits of Elk River in Sherburne County, Minnesota. The address is 507 Oxford Avenue NW, Elk River, MN 55330. It is assigned parcel ID number (PIN) of 75-410-0210 by Sherburne County. The legal description was provided previously within the report. The subject is located at the SW corner of the intersection of TH 10 and Oxford Avenue NW, and the NW corner of Oxford Avenue NW and 5th Street NW. The immediately adjacent properties to the subject property include single family residences to the west, single family residential to the south across 5th Street and single family to the north across TH 10. There is a public park area (veteran's memorial) to the east across Oxford Avenue. There are some commercial uses in the immediate area along TH 10, with more further to the southeast. Size The subject site is comprised of one tax parcel with approximate overall dimensions of 60' (north-TH 10) x 100' (east -Oxford Ave.) x 59' (south-5th St.) x 117' (west), with a site area of 6,354 square feet or +/- 0.15 acres. This would be considered the subject property's "larger parcel". The site dimensions and site size are based on MnDOT mapping. Easements There are no easements, other than typical utility and roadway easements that are known to the appraiser. Streets The property is accessed from Oxford Avenue NW, a two-lane bituminous surfaced city street with curb and gutter that fronts the subject's east lot line with 100 feet of frontage. Trunk Highway 10, a four -lane divided highway borders the subject to the north with 60 feet of frontage with no access to the subject, due to existing access control. 5th Street NW borders the subject to the south and is a two-lane bituminous city street. There is a signaled intersection one block west of the subject at Proctor Avenue and Highway 10. Other roads in the area are two- lane, bituminous surfaced. Utilities The subject property is served by municipal sewer and water services. All other utilities including electricity, cable, natural gas and telephone are available and connected to the site. Flood Zone According to FEMA flood map #27141 C0390F, dated 11/16/2011, the subject is located in Zone X; areas of minimal flood hazard. Census Tract The subject is located within Census Tract #305.03 within the City of Elk River #18674 with a map reference of MN (27) Sherburne Co. (141). S.P. 7102-135RW C.S. 7102 (10=3) 902 Parcel 7102-902-229C Page 33