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Item 1A Old City Hall Property RFP Visioning
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Item 1A Old City Hall Property RFP Visioning
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10/18/2007 9:46:19 AM
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10/18/2007 9:44:37 AM
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City Hall Property RFP Visioning
General - Type
Agenda Item
Date
10/22/2007
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<br />I <br /> <br />SUMMARY FACTS AND CONCLUSIONS <br /> <br />Property Location: <br /> <br />1450 West Highway 96 <br /> <br />Arden Hills, Ramsey Connty, Minnesota <br /> <br />I <br /> <br />Tax Parcel: <br /> <br />22-30-23-21-0141 <br /> <br />I <br /> <br />Owner: <br /> <br />City of Arden Hills <br /> <br />I <br /> <br />Date of Valuation: <br /> <br />January 28, 2006 (inspection date) <br /> <br />Property Rights Appraised: <br /> <br />Fee simple interest <br /> <br />I <br /> <br />Opinion of Market Value: <br /> <br />$2,375,000 <br /> <br />I <br /> <br />Property Data: <br />Land Area: <br /> <br />I <br /> <br />Parcel Shape: <br /> <br />6.82 acres or 297,079 square feet, <br />excluding existing right-of-way (exact <br />land area is subject to survey) <br />Elongated rectangle with approximately <br />1,072 feet of frontage on Highway 96 <br />Wooded, level to rolling terrain <br />Vacant public works facility (land is <br />appraised as though buildings have <br />been removed and site is vacant) <br />Currently zoned NB, Neighborhood <br />Business District and R-I, Single <br />Family Residential District. Property is <br />appraised assuming entire site is suited <br />to limited business development. <br />Assumed stable and free of <br />contamination or environmental hazards <br />All available <br /> <br />I <br /> <br />Topography: <br />Existing Buildings: <br /> <br />I <br /> <br />Zoning: <br /> <br />I <br /> <br />I <br /> <br />Soils: <br /> <br />I <br /> <br />Public Utilities: <br /> <br />I <br /> <br />Highest and Best Use: <br />As Vacant: <br /> <br />Limited business development including <br />office and/or medical uses <br /> <br />I <br /> <br />Appraisers: <br /> <br />William E. Petersen <br /> <br />Roger M. Rohrer <br /> <br />I <br /> <br />I <br /> <br />BRKW APPRAISALS, INC. <br /> <br />PAGE 1 <br /> <br />I <br />
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