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COST APPROACH <br />Since the site is vacant land, the Cost Approach is not considered applicable. <br />INCOME APPROACH <br />The Income Approach to value is not applicable in this situation. Very limited rental data of <br />vacant land renders the Income Approach an unreliable indicator. <br />~ 8 Nagell Appraisal & Consulting ~ 952-544-8966 ~ www.callnagell.com <br />