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Agenda - Council - 04/11/2017
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Agenda - Council - 04/11/2017
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Last modified
3/17/2025 3:31:41 PM
Creation date
4/10/2017 9:28:31 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/11/2017
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Current Disposition The property is currently listed for sale for $695,000, which is equal <br /> to$77.24 per SF of GBA/NRA, or$9.65 per SF of land area. It has been <br /> listed with the current broker for roughly 6 months. According to the <br /> listing broker, there has been little interest from potential buyers in <br /> the subject property. Importantly, the broker stated that they have <br /> presented the subject property to numerous potential gas station <br /> users, all of which were reportedly not interested due to the access <br /> limitations. The listing broker thought that converting the property <br /> to a general retail use would be the most probable scenario for the <br /> subject. <br /> Prior to the current listing, the entire real property, personal property <br /> and business value (if any) had been listed for sale for a couple of <br /> years by Calhoun Companies. We were provided with an old listing <br /> that stated the asking price was $1,495,000. <br /> 25 <br />
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