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<br />. <br /> <br />e <br /> <br />- <br /> <br /> <br />.. <br /> <br />-...- <br /> <br />Land Sale #3: <br /> <br />Pilot Knob at Buffet Way <br /> <br />Eagan, MN <br /> <br />Legal Description: <br /> <br />Lengthy, on file. <br /> <br />Buyer/Seller: <br /> <br />Commercial Property Development Corporation/ <br /> <br />Serve (MN) QRS 14-38, Inc. <br /> <br />Zoning: <br /> <br />PO, Planned Development <br /> <br />Land Area: <br /> <br />198,712 SF or 4.56 acres <br /> <br />Sale Date: <br /> <br />August 2005 <br /> <br />Sale Price: <br /> <br />$1,625,640 <br /> <br />Indicated Factor: <br /> <br />$8.18/SF <br /> <br />This is the sale of vacant land at the signalized intersection of Pilot Knob Road and <br />Buffet Way in Eagan_ The land includes the northwest and southwest corners of the <br />intersection. The land includes three tax parcels with a total of 4.56 acres, excluding <br />right-of-way. The land has stable soils and all utilities. An interchange with 1-494 is <br />one block north. The land was bought for the development of multiple story general <br />office space. <br /> <br />BRKW APPRAISALS, INC. <br /> <br />PAGE 33 <br />