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4 <br />June 15, 1983 <br />J111 Page 4 <br />It shou,l,d ble noted that at no time was the 1*65 acre <br />taking co ered to be a landlocked parcel. Your-appraiser hal <br />zlways been aware that this is a part of' a larger parcel. <br />The industrial, real estate market i,n 1983 has come back <br />0 <br />somiewhat, with land values rising once again and the oversupply of <br />0 <br />industrial spacie in the proicess of being absorbed. It is therefor�; <br />my opinion, that the,, propertiy involved "in thiz analysis would have <br />a higheir va,lue today, tihan it had between 119719 and 1982, <br />If the City Manager, Councilmen or Mayor have any quest-'ions <br />regarding the Hymian Motor . Freight fnic..i pia:rlcel, they may f eel f ree <br />to contact me at their con,venience,, <br />