Laserfiche WebLink
COST APPROACH (Cont.) <br /> COST APPROACH <br /> Replacement <br /> OFFICE BUILDING Cost/S.F. Cost <br /> S.F. 1,680 x $137.46 = $230,933 <br /> Depreciation Office Building <br /> Remaining Percent <br /> EffAge Econ Life Deprec. <br /> 15.00 50.00 -0.30 -$69,280 <br /> Depreciated Value Office Building = $161,653 <br /> SHOP BUILDING <br /> S.F. 1,200 x 1 $33.92 $40,704 <br /> Depreciation Shop Building <br /> Remaining Percent <br /> EffAge Econ Life Deprec. <br /> 15.00 30.00 -0.50 -$20,352 <br /> Depreciated Value Shop Building = $20,352 <br /> CANOPY <br /> S.F. F 3,000 1 x 1 $26.22 $78,660 <br /> Depreciation Canopy <br /> Remaining Percent <br /> EffAge Econ Life Deprec. <br /> 15.00 30.00 -0.50 -$39,330 <br /> Depreciated Value Canopy = $39,330 <br /> S.F. Cost/S.F. <br /> Paving 18,800 1 $3.50 = $65,800.00 <br /> Lin.Ft. <br /> Fencing 640 x $12.50 = $8,000.00 <br /> Total Site Improvements = $73,800 <br /> Depreciation Site Improvements <br /> Remaining Percent <br /> Asphalt EffAge Econ Life Deprec. <br /> 10.00 40.00 -0.25 -$16,450 <br /> Fence Elf Age <br /> 10.00 20.00 -0.50 -$4,000 <br /> Depreciated Value of Site Improvements = $53,350 <br /> TOTAL DEPRECIATED IMPROVEMENT COSTS = $274,685 <br /> LAND VALUE <br /> Acres S.F. Price/S.F. <br /> 0.88 38,333 x $5.00 = $191,664 <br /> $0 <br /> INDICATED VALUE _ $466,349 <br /> COST APPROACH ROUNDED = $466,000 <br /> 70 DAVIS APPRAISAL COMPANY <br />