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Sales Comparison Approach -- continued <br />Sale Comparable #5 <br />t <br />„! . mow <br />M ' <br />• 1. <br />411116 <br />bIf <br />• <br />-. <br />7313 Novotny Road <br />Baxter <br />Comm / RV Dealer use property <br />Sold on 7/17/2015 for $650,000 ($106.91 per SF) <br />Property Data <br />Address: 7313 Novotny Road, Baxter <br />Property Use: Comm / RV Dealer <br />Tenancy: Single <br />Year Built / Effective Age: 1993 / E13 <br />Site size: 54,885 SF <br />Quality/Appeal: Average <br />Land to Bldg Ratio: 9.0 to 1 <br />Condition: Average <br />Parking: Adequate <br />GBA: 6,080 SF <br />Average appeal and condition building used for RV sales. The site has paved outdoor <br />Comments: storage, the pavement appears to be in fair condition. Overall considered similar to the <br />subject. <br />Sale Data <br />Sale Price: $650,000 <br />Price /SF (GBA): $106.91 per SF <br />Sale/Close Date: July 17, 2015 <br />Property Rights: Fee Simple <br />Buyer: Hilaire <br />Financing: CD <br />Seller: Wicklund <br />Conditions: Typical <br />Source/Verification: RediComps, CoStar/ CREV <br />The property was listed on the open market. The buyer purchased with $50,000 down, 6% <br />Comments: interest, a balloon date of 06/01/2018, and monthly payments of $4,300. The terms appear <br />market appropriate, no adjustment. <br />Nagel) Appraisal Incorporated 1952.`w <br />