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AG 2016 12 19
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AG 2016 12 19
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Last modified
1/20/2017 10:29:55 AM
Creation date
11/27/2017 10:36:13 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
12/19/2016
Board
Board of Commissioners
Meeting Type
Regular
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Pricing <br /> We have pulled a number of comparable property sales and competing available <br /> properties in the market-place. They are as follows, and we can provide additional <br /> information as necessary. <br /> Sold Comparable Properties <br /> Date Of Sale Approx. Basement <br /> Address Sale Price SF SF Price/SF Comments <br /> 98 Church St, $ Single story office building <br /> Concord Mar-15 185,000 2,652 - $ 69.76 sold to PB&J's catering. <br /> Home of Mills Florist, sold to <br /> a local investor. Building has <br /> a finished basement but I am <br /> 70 Church St, $ only including half of that SF <br /> Concord Apr-16 325,000 6,612 3,306 $ 32.77 in my valuation. <br /> Single story office building <br /> sold at aution to a local <br /> 77 McCachern $ investor. The aution was an <br /> Blvd, Concord May-15 286,500 4,500 - $ 63.67 "arms length" transaction. <br /> Single story office/retail <br /> building sold to a local <br /> 81 McCachern $ investor. At the time of sale <br /> Blvd, Concord Feb-14 367,000 10,000 - $ 36.70 the building was 75% leased. <br /> Two story office building <br /> located off of Branchview Dr, <br /> not far from subject property. <br /> Sold to a user,the building <br /> 1000 LeeAnn Dr, $ had a superior floor plan <br /> Concord Dec-15 515,000 4,472 - $ 115.16 (more open). <br /> Office/retail property sold to <br /> a local investor. Property had <br /> a 7 year Lease with H&R Block <br /> at the time of sale. Building <br /> has an un-finished basement <br /> 815 Church St, $ but I am only including half of <br /> Concord Jun-15 437,500 5,600 2,800 $ 52.08 that SF in my valuation. <br /> Office building sold to a local <br /> investor. Property was <br /> foreclosed and sold by Wells <br /> Fargo bank. Building has an <br /> un-finished basement but 1 <br /> 300 McGill Ave, $ am only including half of that <br /> Concord Oct-16 405,000 12,400 3,177 $ 26.00 SF in my valuation. <br /> Average $ 56.59 <br /> Attachment number 1 \n <br /> F-8 Page 98 <br />
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