Appraisal of 11.25 acres - vacant land - 1055 wildhurst trail

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IBETTENDORF ROHRER KNOCHE WALL,INC. I ISITE DESCRIPTION ILocation: The subject property is located in the extreme southwest area of the City of Orono, about 1/8 mile east of the city limits with Minnetrista and across Lake Minnetonka from the City I of Mound. More specifically, the subject is located west of Wildhurst Trail and north of Tonkaview Lane. Only Lot 58 has a mailing address, which is 1055 Wildhurst Trail. ISize/Shape: The subject property consists of eight vacant, platted lots in the Tonkaview Gardens subdivision, which is an older plat. Please refer to the plat on one of the following pages. The sizes of the subject lots are as follows: I Legal Description Dimensions Size l Shape Lot 91 Tonkaview Gardens (157.5'x 380') + 74,209 SF Irregular (133.2'x 215.6 x .5) I Lot 92 Tonkaview Gardens (373.1'x 170') + 82,765 SF Rectangular (73.4'x 158.9') + (158.9'x 96.6'x .5) Lot 93 Tonkaview Gardens (154'x 532.5') 82,005 SF Rectangular ILot 94 Tonkaview Gardens (124'x 533.5') 66,154 SF Rectangular Lot 60 Tonkaview Gardens (330'x 130' + 52,800 SF Rectangular I (30'x 330') Lot 61 Tonkaview Gardens (330'x 130') 42,900 SF Rectangular ILot 62 Tonkaview Gardens (330'x 130') 42,900 SF Rectangular Lot 58 Tonkaview Gardens (330.75'x 130') + 46,036 SF Rectangular I (46.75'x 130'x .5) IAccess/Frontage: Access is by way of North Shore Drive (County Road 19) to Tonkaview Lane to Garden Lane. County Road 19 is a two-lane asphalt surfaced main roadway which I winds through several Lake Minnetonka area communities. Tonkaview Lane is a two-lane asphalt surfaced city street. ISeven of the eight lots front on Garden Lane, a 60' wide platted, but unimproved, right-of-way. Thus, these lots currently do not have road access. Lot 58 fronts along Wildhurst Trail, an asphalt surfaced city street. I 26