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Appraisal of 11.25 acres - vacant land - 1055 wildhurst trail
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Appraisal of 11.25 acres - vacant land - 1055 wildhurst trail
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Last modified
8/15/2023 7:19:49 AM
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12/13/2021 11:21:45 AM
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BETTENDORF ROHRER KNOCHE WALL,INC. <br /> Highest And Best Use - Continued <br /> The city has indicated that the steeply sloped topography prohibits future improvement of the <br /> Highview Lane right-of-way between Garden Lane and Wildhurst Trail. <br /> Based on the foregoing, the highest and best use of the subject property is for development of <br /> ' eight single family residences. However, given the uniqueness and locational characteristics of <br /> the property, above normal development costs will be necessary. The costs associated with <br /> single family development of the subject land would likely discourage some potential buyers <br /> and result in diminished demand for the property. This has been recognized in the valuation <br /> analysis. <br /> I <br /> 1 <br /> 1 <br /> 1 33 <br />
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