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BETTENDORF ROHRER KNOCHE WALL,INC. <br /> I <br /> Analysis Of Raw Acreage Comparable Sales - Continued <br /> I <br /> IRAW ACREAGE SALES ADJUSTMENTS <br /> 1 _ Sale 1 Sale 2 Sale 3 Sale 4 <br /> Sale Date: 6/93 2/95 9/92 4/96 <br /> I <br /> Price/Acre: $15,800 $23,689 $15,000 $12,559 <br /> IProperty Rights: x 1.00 x 1.00 x 1.00 x 1.00 <br /> $15,800 $23,689 $15,000 $12,559 <br /> I <br /> Conditions of Sale: x 1.00 x 1.00 x 1.00 x 1.00 <br /> I $15,800 $23,689 $15,000 $12,559 <br /> IFinancing: x 1.00 x 1.00 x 1.00 x 1.00 <br /> $15,800 $23,689 $15,000 $12,559 <br /> I <br /> Market Conditions: _x 1.09 x 1.03 x 1.10 x 1.00 <br /> I <br /> $17,222 $24,400 $16,500 $12,559 <br /> ILocational Appeal: - 5% -10% - 5% +10% <br /> Utilities: -0- -0- -0- -0- <br /> Topography: -20% -20% -20% -20% <br /> Road Access: -25% -25% -25% -25% <br /> IParcel Size: -0- -0- -0- -0- <br /> Wooded vs Open: +5% -0- +5% -0- <br /> ' Soil Conditions: -0- -0- -0- -0- <br /> View Amenities: +5% +5% +5% -0- <br /> INet: -40% -50% -40% -35% <br /> Adjusted Indicator: $10,333 $12,200 $9,900 $8,163 <br /> I <br /> 44 <br />