Vacant land, recently appraised for $84,000-$113,000 MAKE ME AN OFFER From the appraisal: The subject has an irregular shape and smaller than typical site area. Typical lots are rectangular with 50'+/- along the street. Based on the irregular shape and site area, building size may be reduced. While this does not cause significant impacts on overall marketability, a lower price may be more appealing to market participants. These adverse influences have been recently offset by demand and reduced inventory. The adjusted sale prices range from approximately $84,000 to $113,000 with straight line sale prices from $125,000 to $160,000. The average sale price for non-water front home sites in the defined search area is $121,000 (unadjusted). The larger size adjustment was based on the average $/sf price of $23.00 (rounded).
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