Indian River County Impact Fee Study Final Report - irccdd.com

Table VII-1
Land & Buildings Inventory (1)
Facility Description
Location
Year
Acquired/
Built
Number
of Acres
Square
Feet
Land
Replacement
Cost (2)
Building
Replacement
Cost (3)
Fire Station 1 (4) 1500 Old Dixie Hwy, Vero Beach, FL 32960 1986 5.00 16,423 $222,060 $1,300,000
Fire Station 2 3301 Bridge Plaza Dr, Vero Beach, FL 32963 1986 0.92 5,244 $222,060 $1,300,000
Fire Station 3 (5) 2900 43rd Ave, Vero Beach, FL 32960 1986 2.72 3,168 $222,060 $1,300,000
Fire Station 4 1500 9th St SW, Vero Beach, FL 32962 1986 0.72 3,447 $222,060 $1,300,000
Fire Station 5 6585 US 1, Winter Beach, FL 32970 1982 3.98 7,449 $222,060 $1,300,000
Fire Station 6 101 South A1A, Vero Beach, FL 32963 1986 2.20 3,830 $222,060 $1,300,000
Fire Station 7 1215 82nd Ave, Vero Beach, FL 32966 1986 0.50 2,258 $222,060 $1,300,000
Fire Station 8 (6) 1115 Barber St, Sebastian, FL 32958 1999 1.00 6,243 $222,060 $1,300,000
Fire Station 9 1640 US 1, Sebastian, FL 32958 1999 0.38 3,600 $222,060 $1,300,000
Fire Station 10 62 North Broadway, Fellsmere, FL 32948 1996 0.48 5,520 $222,060 $1,300,000
Fire Station 11 2555 93rd St, Vero Beach, FL 32963 2001 1.51 7,612 $222,060 $1,300,000
Planned Station 12 (7) N/A FY 05/06 8.00 N/A $222,060 $1,300,000
Planned Station 13 (7) N/A FY 08/09 N/A N/A $222,060 $1,300,000
Average/Total 2.17 64,794 $2,886,780 $16,900,000
(1) Source: IRC Public Works Department and Office of Management and Budget, IRC
(2) Cost per acre based on the purchase cost of $102,332 per acre, which is the average cost per
acre for recently purchased vacant land parcels of 4 to 6 acres in West IRC. This information
can be found in Appendix B, Table B-1. The cost per acre of $102,332 has been multiplied
by the average parcel size of 2.17 acres for a Fire/EMS station in IRC. The average parcel
size is based on the current IRC inventory listed above for the 12 stations that land has been
purchased for, which includes the land for the 11 existing stations plus an additional 8-acre
parcel of county-owned land located at 43 rd Avenue at 5 St SW that has been set aside as a
site for a future Fire/EMS station.
(3) Based on the current average replacement costs of a new consolidated Fire/EMS facility.
(4) The County does not own, but leases land for Station 1. The acreage listed is based on an
estimate of the portion of the parcel that is occupied by the station. EMS/Medical Station #1
has been included as part of Fire Station #1, due to plans to combine the two stations into one
facility in the future.
(5) EMS/Medical Station #3 has been included as part of Fire Station #3, due to plans to combine
the two stations into one facility in the future.
(6) Sebastian Volunteer Fire Department operates out of Station 8.
(7) Planned five-year expansion, which is based on an average replacement cost of a new facility.
Tindale-Oliver & Associates, Inc.
Indian River County
May 2005 VII-2 Impact Fee Study