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Sales Comparison Approach -- continued <br /> COMPARABLE 3 <br />f <br />Leo tr <br />e.aau cre <br />Location: 11175 - 183`d Circle NW, Elk River <br />Proximity: 1 lot north <br />Zoning/Use: Business Park / Abra Auto Body Shop <br />Legal/PID: 75-738-0105 <br />Site SF: 130,680 SF <br />Buyer: Livonia Properties, LLC <br />Seller: N/A <br />Source: County <br />Unpaid Specials: None reported <br />Terms: N/A-Assumed Cash Equivalency <br />Date of Sale: October 2004 <br />Price: $522,720 <br />Topography/Soil: Sloping /Assumed average in upland areas <br />Utilities: Available <br /> <br />Comments: Used despite older sale date due to proximity to subject <br />and similar zoning. Not located at a busy intersection- <br />does not have visibility from Hwy 169. <br />Unit Price: $4.00 per SF <br />Nagell Appraisal & Consulting ~ 952-544-8966 ~ www.Callnagell.com 23 <br />