12.07.2015 Views

BROKER OPINION OF VALUE - Voit Real Estate Services

BROKER OPINION OF VALUE - Voit Real Estate Services

BROKER OPINION OF VALUE - Voit Real Estate Services

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

COMPETING SALESWhen looking at comparable properties for sale, we focused on sites in closeproximity to the subject, with all three locations being within 1.5 miles. It wasdifficult to identify a similar sit-down restaurant facility, however competing retailbusiness properties are offered for comparison purposes.Average Asking Price$946,666Average Building SF5,416 SFWeighted Average Asking Price ($/SF)$174.77/SFAsking Price Range$650,000 - $1,390,000Building SF Range3,750 – 7,500 SFAsking Price Range ($/SF)$106 - $370/SFAddressYearBuiltBuildingSizeAskingPriceAskingPrice($/SF)Comments11190 E. Washington StreetColton, CA 923241979 3,750 $1,390,000 $370.67Property is .25 miles from subject property.Sale includes business (coin operated carwash).2195 W. Vallet BoulevardColton, CA 92324- 5,000 $650,000 $130.00Property is 1 mile from subject property.Location of a turn-key restaurant that comeswith FFE and liquor license.3812 W. Citrus AvenueColton, CA 92324- 7,500 $800,000 $106.67Property is 1.5 miles from the subject site.Site of a three-bay coin self-service car wash.1030 S. Mount Vernon | 15

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!