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Sales Comparison Approach -- continued <br />Sale Comparable #3 <br />D <br />.�i <br />971 Minnesota Avenue North <br />St. Peter <br />. .t .NI,. `:t <br />"' <br />Comm / Boat Dealer use property <br />Sold on 11/08/2017 for $280,500 ($86.10 per SF) <br />Property Data <br />Address: <br />971 Minnesota Avenue North, <br />St. Peter <br />Property Use: <br />Comm / Boat Dealer <br />Tenancy: Single <br />Year Built / Effective Age: <br />1975 / E21 <br />Site size: 71,438 SF <br />Quality/Appeal: <br />Fair <br />Land to Bldg Ratio: 21.9 to 1 <br />Condition: <br />Dated <br />Parking: Adequate <br />GBA: <br />3,258 SF <br />Comments: <br />Boat dealership with Highway 169 frontage. The building was in dated condition and had <br />fair appeal at the time of sale. The site has gravel outdoor storage, overall considered <br />similar to the subject. <br />Sale Data <br />Sale Price: $280,500 <br />Price /SF (GBA): $86.10 per SF <br />Sale/Close Date: November 8, 2017 <br />Property Rights: Fee Simple <br />Buyer: Squirrels Nest, LLC <br />Financing: Conventional <br />Seller: Estate of Keith M. Tow <br />Conditions: Typical <br />Source/Verification: RediComps, CoStar/ CREV <br />Comments: <br />The property was listed on the open market. <br />Nagel) Appraisal Incorporated 1952.`u ,;.:.::; _, <br />