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Agenda - Council - 04/09/2019
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Agenda - Council - 04/09/2019
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3/17/2025 2:27:29 PM
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4/22/2019 4:17:01 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/09/2019
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Sales Comparison Approach -- continued <br />Sale Comparable #6 <br />1 , <br />8725 Jefferson Highway North <br />_ _; !L • <br />ifit St hie ; <br />a Bray 31 <br />Osseo <br />Commercial/Shop use property <br />Sold on 1/28/2016 for $500,000 ($92.73 per SF) <br />Na sr *-...'.. <br />M i w. <br />$f IN <br />n 5F <br />5 <br />Property Data <br />Address: <br />8725 Jefferson Highway <br />North, Osseo <br />Property Use: <br />Commercial/Shop <br />Tenancy: <br />Single <br />Year Built / Effective Age: <br />1939, 2008 / E15 <br />Site size: <br />19,166 SF <br />Quality/Appeal: <br />Average <br />Land to Bldg Ratio: <br />3.6 to 1 <br />Condition: <br />Average <br />Parking: <br />Adequate <br />GBA: <br />5,392 SF <br />Comments: <br />Average quality and appeal property in average condition. <br />(office area) and higher overhead doors for repair, like the subject. <br />The building has two levels <br />Sale Data <br />Sale Price: <br />$500,000 <br />Price /SF (GBA): <br />$92.73 per SF <br />Sale/Close Date: <br />January 28, 2016 <br />Property Rights: <br />Fee Simple <br />Buyer: <br />Zakzkowski Trucking Service, <br />Inc. <br />Financing: <br />Conventional <br />Seller: <br />Zimmerman Bros. Inc <br />Conditions: <br />Typical <br />Source/Verification: <br />RedisComps, CREV <br />Comments: <br />The property was listed on the open market. <br />
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