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1999-04-28
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1999-04-28
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11/18/2011 2:27:12 PM
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12/21/2009 2:01:42 PM
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SHOP BUILDING: <br /> (The following cost information is based on the Marshall & Swift Cost Service Handbook -- <br /> Average Class S Service Repair Garage, Section 14, page 31 (September 1997): <br /> MARSHALL SWIFT VALUATION SERVICE COST <br /> ESTIMATE -- SHOP BUILDING <br /> Price per Square Foot $26.44 <br /> ADJUSTMENTS TO BASE COST /SF: <br /> Add: extreme climate heat $2.95 <br /> Adjusted Basis before Multipliers: $29.39 <br /> MULTIPLIERS: <br /> Story Height 1.00 <br /> Floor Area Perimeter 1.00 4, <br /> Current Cost 1.03 <br /> Local Multiplier 1.12 <br /> Gross Effective Multiplier 1.154 <br /> Adjusted Base Cost Per SF $33.92 <br /> Building Area 3,347 s 1' <br /> Total Base Cost $113,517 <br /> Soft Costs and developer profit is based on 6% of <br /> $113,517 or $6,811 $120,328 <br /> Total Building Cost: $120,328 <br /> Rounded to: $120,000 <br /> Total Accrued Depreciation: <br /> Physical Deterioration: <br /> The Marshall Valuation Service indicates the subject has a life expectancy of 30 years. <br /> The subject's estimated effective age is less than the chronological age of 18 years, say <br /> 14 years. As such, the subject has accrued 47% physical depreciation. <br /> 12 <br />
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