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<br />DAHLEN & DWYER, INC. <br /> <br />1260 NORWEST CENTER TOWER. 55 EAST 5TH STREET. ST. PAUL, MINNESOTA 55101 . (651) 224-1381 . FAX (651) 223-5736 <br /> <br />DWIGHT W. DAHLEN, MAl, SREA <br />DANIEL E. DWYER <br />BEVERLY H. DWYER <br />SEAN M. FOLEY <br /> <br />June 28, 2000 <br /> <br />Ms Cathy Capone Bennett <br />Economic Development Specialist <br />City of Roseville <br />2660 Civic Center Drive <br />Roseville, MN 55113 <br /> <br />RE: <br /> <br />2668 Lexington Avenue N <br />Roseville, Minnesota <br /> <br />Dear Ms. Bennett: <br /> <br />In accordance with your request, I have made a careful inspection of the <br />captioned property which is more particularly described elsewhere in this report and <br />have made a study of the conditions effecting its value. <br /> <br />The property under appraisal is a vacant tract of land formerly improved with <br />an older detached frame single family dwelling which was razed in 1998. The site <br />has 70' of frontage on the east side of .Lexington Avenue N and a depth of 193' for <br />a total area of 13,51 0 SF. The parcel is currently zoned R 1 or Single Family. The <br />"Comprehensive Plan and Future Land Use Map" has the subject parcel guided as HR <br />or High Density Residential. <br /> <br />This "Complete Appraisal Assignment" in "Summary Appraisal Format" has <br />been performed in conformance with the Uniform Standards of Professional Appraisal <br />Practice (US PAP) of the Appraisal Foundation, and is subject to the assumptions and <br />limiting conditions as set forth in the report. <br />