HomeMy WebLinkAboutCRA-R-10-0026 Backup 05-13-2010APPRAISAL OF
A CHURCH
LOCATED AT
300 N.W. 11 STREET
MIAMI, FLORIDA
Prepared For
Miami Community Redevelopment Agency
49 N.W. 5 Street
Suite 100
Miami, Florida
Prepared By
Investors Research Associates, Inc.
5730 S.W. 74 Street, Suite 300
South Miami, Florida 33143
Date of Value
September 29, 20
investors research associates, inc. real estate consultants/appraisers
SUMMARY OF FACTS AND CONCLUSIONS
The Assignment:
Property Location:
Site Description:
Improvement Description:
Ownership:
2009 Assessment:
Zoning:
Highest and Best Use:
Value Conclusion:
Date of Valuation:
Appraisers:
To estimate the market value of the fee simple
interest of the property described herein.
300 N.W. 11 Street, Miami
A 50' x 100' (5,000 square feet) corner lot fronting
N.W. 3 Avenue and N.W. 11 Street.
A 60-year old concrete church containing 4,583
square feet. The roof of the building, which had
been badly damaged and leaking, has recently been
replaced and the building exterior has been
repainted. However, the interior of the building
remains in a badly deteriorated condition. For the
purpose of this appraisal, it is assumed the building
remains structurally sound and the interior can be
renovated for continued use. If an engineering
report should indicate otherwise, the value
conclusion herein would require revision.
House of God of Nazarene
Site:
Improvements:
Total:
$ 90,000
$137,395
$227,395
C-1, Restricted Commercial
As If Vacant: Speculation
As Improved: Renovation for community service or
adaptive commercial use
$300,000
September 29, 2009
Edward N. Parker, MAI
Geoffrey D. Heath, MAI
4
09-20►8
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Summary Details:
Folio No..
01-0101-040-1010
Property:
3C0 NW 11 ST
Mailing
HOUSE OF GOD OF
Address:
NAZARENE
1042 NW 3 AVE MIAMI FL
33136-3308
Property Information:
Primary Zone•
6100 RESTRICTED
COMMERCIAL
CLUC.
0044 RELIGIOUS
Bedsj Baths: 104
Floors:
1
Living Units: /0
Adj Sq Footage: /4.583
Lot Size:
5.000 SQ FT
Year Built:
1947
MIAMI NORTH P8 B-11
N5OFT LOT 1 & 2 BLK 14
Legal
LOT SIZE 50.000 X 100
Description:
OR 11668-2224 0183 5
THE MIAMI DIST
BOARD OF CH EXT OF
THE METHODIST CH
Assessment Information:
Year:
2009
2008
Land Value:
590.000
S90,000
Building'Vafoe:
S137.395
S137,512
Market Value:
S227.395
S227.512
Assessed Value
S227.395
5227.512
Taxable Value Information:
ACTIVE TOOL SELECT
Year:
2009
2008
Applied
Applied
Taxing Authority:
ExemptiTaxableon!
ExemTaxapbletion/
Value:
Value:
Regional:
5227.395/5C
5227,512/50
Ccunty:
5227 395, SC
5227.512 SC
City:
5227.395/SC
5227.512:SC
School Board:
5227.395:SC
5227.512,SC
Additional Information:
Crick here_ to see more information for thiq
MOM
Community Development District
Community Redevelopment Area
Empowerment Zone
Enterprise Zone
Zoning Land Use
Urban Development Boundary
Zoning
Non -Ad Valorem Assessments
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http://gisims2.miamidade.gov/myhome/propmap.asp 4/ 16/ 2010
City of Miami (COM) One Stop Center Proposal Summary
Opportunity: South Florida Workforce's funding for One -Stop Centers, via Workforce Investment Act Funds focused on
oroviding workforce development services to meet employer needs. A One Stop is intended to collect several federal
drogratns that train or support the workforce in one place for efficiency. Emphasis is on placing individuals into jobs and
retaining them by providing coaching or training related to industries with current openings and future growth.
Serves: TANF recipients; Dislocated workers; Individuals with disabilities; Ex -offenders; Displaced homemakers; Non-
custodial parents; Older youth; Veterans; Mature workers; and Unemployment Insurance Claimants
Services Provided: Management and direct service provision (WIA core services cannot be outsourced) of the following
programs is required of One Stop operators.
Federal Funding Source
Services Required to be Delivered
Workforce Investment Act
(WIA) funding for adults
and dislocated workers,
Temporary Assistance for
Needy Families (TANF),
• Unassisted Core Services (62% of clients/requires 40% placement rate) Use of resource room, Job
search, Labor market information, Orientation, Information about available services, Follow-up
services, Assisted Core Services, Job search and placement assistance, Workshops, Initial assessment
of skills, Follow-up services Location: On -site. Client: Typically TANF recipients.
• Intensive Services (28% requires/80% placement rate) Comprehensive and specialized assessments,
Development of an Individual Employment Plan (IEP) or Individual Responsibility Plan (IRP), Support
Services, for example: transportation, Case management, Work Readiness Services, Adult Basic
Education (ABE), GED, English for Speakers Other Languages (ESOL), Follow-up services Location:
On -site. Client: Typically dislocated worker, veterans, and unemployment insurance claimants.
• Training Services (10% of clients/ requires 90% placement rate): Occupational SkillsNocational
Training through Educational Scholarships (ITAs), ABE, ESOL in conjunction with Occupational
skillsNocational Training, On the Job and Customized Training, Follow-up services Location: Provide
location -this will be outsourced. Clients: Hardest to serve, ex -offender, individuals with disabilities.
Food Stamp Employment
and Training (FSET), and
The Food Stamp Employment and Training Program, referred to as the FSET Program, emphasizes
work, self-sufficiency, and personal responsibility. The program strives to meet the needs of participants
in gaining skills, training, work, and experience that will increase the program participants' ability to
obtain total self-sufficiency.
Trade Adjustment
Assistance
(TAA).
Dislocated workers from elimination of trade jobs
Agency for Workforce
(A WI) funded
Programs Wagner Peyser
Services,
Retraining for dislocated workers. Wagner Peyser Services, Unemployment Compensation Services,
Employment Service focuses on providing a variety of employment related labor exchange services
including but not limited to job search assistance, job referral, and placement assistance for job seekers,
re-employment services to unemployment insurance claimants, and recruitment services to employers
with job openings
Veterans Program and
Local Veterans Employment Representatives (LVER) and Disabled Veterans Outreach Program
(DVOP), to integrate veterans into the workforce.
Job Corps Admissions
Intake of youth into the Job Corps Program
Capacity: Typical One -Stops serve 10,000-16,000 unduplicated clients a year (if client returns, they cannot be counted
towards goal attainment). 100 client caseload per Career Advisor; 800 clients served a week.
Location and Staffing: Typical One Stops are 12,000 feet. COM is considering opening two, one on Biscayne or Brickell
to cultivate a culture of success and one in the Overtown Shopping Center to provide accessible services. One Stops with
similar volume use: 1 Program Director; 1 Clerk; 8 Career Advisors; 4 Employment Specialists; 4 Placement Specialists.
Terms: Cost -reimbursable (estimated monthly outlay $250,000); Selected Respondents that fail to meet negotiated
performance standards shall be subject to corrective action and, if performance problems persist, contract cancellation.
Funding from SFW has ranged up to $1.5 M for operating the One Stop (staff, supplies etc); and $1.5M for client supplies
(boots, training programs, transportation).
Costs (using a 2 site model): Startup (equipment, office configuration, connectivity of operations) $71,000; Monthly
Operational Costs-$270,422.08; Monthly Client Costs $125,000; Monthly Reimbursement: $250,000.
Cost Proposal
a. Startup
Line Item
Grant-2 Sites
Grant 1 Site
City of Miami
Inkind
Office Equipment for
Staff
$51,000
Office Rehabilitation or
configuration
$20,000
Total Expenses
$71,000
b. Annual
Line Item
Grant-2 Sites
Grant 1 Site
City of Miami
Inkind
Personnel
$3,187,065
$1,819,475
Space and Utilities
$73,400
Supplies
$13,400
Postage
$4,500
Travel
$17,000
Equipment
$24,000
$12,000
$30,800
Background Checks
$5,000
$4,000
Client Training Supplies
$1,750,000
$1,650,000
TOTAL expenses
$5,046,965
$3,485,475
TOTAL Income
$3,250,000
$3,250,000
$122,100
Loss
-52,094,565
-5335,475
1) Target Population:
2) Location:
3) Industry Focus:
4) Services Provided:
City of Miami Focus
Project:
Location:
Date:
Proposed Use:
Prepared by:
Lot Size:
Building Size
300 NW 11 Street Church
300 NW 11 Street, Miami, FL
5/3/2010
Community Center
Mark Spanioli, P.E.
5000 SF
9000 SF
(2 story)
Summary:
The CRA is proposing to acquire the subject property. No on -site visual observations
or inspections were performed by the estimator. The existing building is approximately 9,000 SF
and it is assumed for the purposes of this estimate that the shell and roof are in good condition
and do not require repairs. The interior of the building is assumed to need complete demolition and
build -out including all plumbing, electrical, mechanical, fire and all interior build -out requirements
for the use. The building may include mold abatement depending on the extent of the damages from
prior roof leaks.
Proposed Cost Estimate
Item Area
Unit Cost Unit
Cost
Hard Costs
Interior Demolition
Mold Abatement
Interior Build -Out
Plumbing
HVAC
Fire Protection
Electrical
Equipment and Furnishings
1 $ 5,000.00
1 $ 5,000.00
9000 $ 29.81
9000 $ 9.95
9000 $ 9.43
9000 $ 3.16
9000 $ 8.15
9000 $ 2.86
LS
LS
SF
SF
SF
SF
SF
SF
Subtotal:
Soft :Costs
$ 5,000.00
$ 5,000.00
$ 268,290.00
$ 89,550.00
$ 84,870.00
$ 28,440.00
$ 73,350.00
$ 25,740.00
$ 580,240.00
Survey
Architectural Fees
Contractor Fees
1
1
1
1%
9%
25%
Subtotal:
Hard and Soft Costs:
15% Contingency:
5,802.40
52,221.60
145,060.00
203,084.00
783,324.00
117,498.60
Grand Total:
Note: Hard and Soft Costs were determined based on 2010 RS Means Square Foot Costs
900,822.60
Page 1 5/6/2010
Prepared By:
Mark Spanioli, P.E.