Fort Walton Beach Council agenda — 01-07-12 retreat — reading text

eondhioac -:,rd ac our penun. L unbiased pli l' cssmnul analyses. opinions and conclusions. c. AVe I no present or prospedi, e inmr „ t in the property „ filch is the subject sf this rcpon and nu personal m,, l, n, 60, r.. peet m the F, c, m, 4, cl, vukdl 11- 11 d¢ nL 4- v4 , ha, . it,, l' m , sP" i in tIs P- P ty nhivh I: f ". 1d” i oflhi, sport art, Ile P (.- On, enaapeincm in lid, assignmrnn, as not voming. at trusts d- ckli in_ sr aywrting Pic - dctlolno (l resulu- 6. Our oolpvrsaools for cnitipletine, this is grolent is not cloolueemuponthede, clopna-ot m reponlnS Sl a prc Ill .. mincd, In, sr NN dircLtinn in value favoring the cause of the clmu. the anwunt of the value opinimc thunmi0000 of a, lipuluted r— dc ur tit. urn.ncv of,, sdh,, qurnt went dlrctic reldmd to the intendad um of this appraisal. Ha 7, tRrvll sull de,mlop I dlhismpma knl I... rcd. hvo lcr it, , dh till !' l mtSrcurzim'dc o / P- f.cv...... .. .... ol I' ll, oc. WSPAP) ac 8_ Illllan DrC,< nI601ds madcanhspeaion of the suhjcet property on Map, 2011. \ Vnlmt lL HUmphmc madcap ittsp, don sn the Jm rani,: da, avc niu, tit, rcpon. 9. N, 1 . pro, ld: danilknil real proll spume. l., cart..... m ilo pars... _ 10, ll ,, r. qt d nu1md ( I P daofl, oh 1- sal l thcsandfl iond.,rdsofl d l p d nd I P rt 1 - t. , ior.l Apu' ha .... llod. - llrcintfdc AP1 t lh the isallriltric. V II- 1 lie u.- nf111iS[ CpanlY , uhiCC1 (lithe .Lqulre1nC115J111, e AppfRJIIIl51iIW[ hltt nClo tPyl ItbdUlcdalh( flzd In'seamlly25. Appr., imrllwnphrev hm,, s,, u ktodthl, nalnuing cvlucaisn re qdn „ s, utsofthc APprulr. l lllillmle. L'. llm undcr, ignod appm[ acrs Imve the knowledge and cv ,Nricme a, eo u,, Es, to, acsignmaa annpch-ntly. S 13. I he opinion ndnwrkrt cun, ill till still,” prupern identilld in 01rs1port - As ls'. rte of Mac 5- ' 011 - i,' nN FIVE 11LNDRED SEVENTY FIN F. I HOUS'AND DOLLARS 575, 000 a0ryc. H l aPllenls A] n Assot I s i s s, IN( Ca Um all ir a Villa Driscoll -Olds SRtt' lulfied( m1r1 heal [ smte Api—,cr W K/. 31200I) v Walter H. Humphrey Smr- Certified General Real Estate Appraiser Na RZI218 ( FL) Packet Pg. 94  4.4.f Pa, c I S 243 -245 Hollywood Boulevard NW, PO n 071796 It R A Net 10094A Fort W anon Beads. FI, 32547 DESCRIPTION OF REAL ESTATE .APPRAISED General Description: One story light industrial building built in 1964 sited on 368= acres of land. Loc.( in. Description: the subject property is located in the south portion of the Okaloos'a Count). within the Fot1 Walton Bench jurisdi t c ml limits, oa the north side of Hollywood Bo llevi d just cast of th signal controlled intersection at Memorial Parkway NW. Hollywood Boulevard rums east west and could be deserted is a ne' xhborhood collector [hut connects Eglin Parkway and Beal Parl both heir, commercial arteries that ten north -south through Fort Walton Beach and terminate m the south at U. S. Highway 98, Hull) wood Boulevard supports a mix of ofliee, institutional, light industrial and retail uses dwt have been developed over the past thirty years and serves Are need of the local population. The residential component of the neighborhood consists of primari ly older si lisle family resident ial. The neighborhood is grmving andahigh volwnc of cOminuter [mBlc mores tough the area on a daily basis. The subject is centrally located in the fort Walton Beach market noun and close m employment, shopping, recreation, schools. churches, and othernecessary neighborhood tunctiors. There fore subject Property is well positioned to capitalize on the commercial needs of local population- A neighborhood map is shmva below. C aV Pak V 0 E.I 31Y t} Fmesex. e f i a,. 434 .....,... R., Nome Famanru 6lmgwemvu 3 s. 3 m. are- Geneida Gmeen 3S ,.... S Y m. Flea est— t. 5ttr+rlY sr < n noeP:. mswa 4l funk ces.— F.& Ia.s—a— r DeLorme Mapping Packet Pg. 95 -  4. 4. f Pe, 16 213- 2451io11ywood Boulevard NW, PO d 071796 FI KA Nc110094A Fort Walton Beacto FL 32547 Ownership: The property owner. according to recorded vavrzamy deed in Okaloosa County Official Records City of Fort Walton Beach 107 Miracle Strip Parkway SW Fort Walton Beach, Florida 32548 Siare/ Shape: Recsangulat. Excess Land: None. Soils: The soil appears to be classified as Urban land that are nearly level to gcolly sloping, that are covered with wroorts, shopping centers, parking lots, large buildings, streets or sidewalks. The natural soil generally cannot be observed. Slopes range from 0 to 5 percent. Uncovered areas, nmstly lawns, parks, vacant lot, and playgrounds, consist of Bonifay, Foxworth, Kutch. Lakeland and Troup soils. ' These areas arc too small to be in mapped separately. Onsite investigation is needed to deterndne the.suimbilitc nfarem' afthis map unitfa, a particular purpose according to the Soil Sto vil ".Okaloosa County GIS soil maps 'irdirne that (here are no 3 wetlands ou the subject parcel. However, there is a history of the subject hating been part of or in cto%e N pronndn 1n Lee former rnmricipal dneop. If a hate ehseered vehicles on tine adjoining propertr which fell ium n rmdfi resulting far AearpeAorgnule nmlter. lYe have also observed nearby irnprmrfl proper!.$ mitt mN eclmrsire sea /¢meal of concrete slobs nbme (he jornrer rhunp veuches. c lbpography: The ,, cage is generally level and near read grade.