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HomeMy WebLinkAboutsales comparisonMIXED USE RETAIL/MULTI-FAMILY BUILDING SALES COMPARISON APPROACH IMPROVED SALES ADJUSTMENT GRID Sale No. Name Sale Date Sale Price Gross Building Area in SF Price Per SF of GBA Property Rights Financing Terms Conditions Of Sale Expenditures At Purchase Time/Market Conditions Cumulative Adjustment Factor Adjusted Price Per SF of GBA Location Corner Physical Characteristics Age/Condition Building Size Marketability Net u/o Adjustment Final Adjusted Price Per SF of GBA Range of Adjusted Prices Indicated Value per SF of GBA Subject SF of GBA Indicated Property Value Final Indicated Property Value Rounded To 1 Storefront RetaillResiden tial Bldg. 04/22/03 $410,000 5,300 $77.3 6 1.02 1.02 $78.91 -15% +5% -5% -5% -5 % -25% $59.17 2 Storefront Retail/Residen tial Bldg. 11/13/02 $350,000 6,629 $52.80 1.03 I.03 $54.38 -5% -5% -5% -15% $46.22 Min $46.22 / 3 Storefront Retail/Residen tial Bldg. 09/25/02 $357,000 5,300 $67.36 1.04 1.04 $70.05 -15% +5% -5% -5% -5% -25% S52.54 Mean $57.54 / $55.00 7,569 $416,295 $416,295 $415,000 4 Storefront Retail/Residen tial Bldg. 01/31/02 $950,000 13,192 $72.01 5 Storefront Retail/Residen tial Bldg. 05/21/01 $330,000 4,118 $80.14 1,08 1,08 S86.55 -10% +5% -5% -5% -10% -15% -25% $64.89 $64.90 Max $64.90 1.06 1.06 $76.33 -10% +5% -5% -10% +5% PAGE 27 Integra Realty Resources South Florida