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

Jma 3 O DU Nrnm NM3Vex Utilities: Okaloosa County GIS Contour Slap td6Oi Provider cLIeNsM Utility Provider Utility Electricity Gulf POwer Soon water drainage Okaloosa County Wafer and Sewer Regional Utilities Fire Department Okaloosa County Natural Gas Okolooss Uas District Police Department Okaloosa County Sheri If Telephone Embarq Refuse Removal Em-iroammml Waste Cable "television Emerald Coast Cable Casements Encroachment: We assume that easements may exist. The existence or nonexistence of encroachments or easements should beconfirmedbyaFloridal icensedsurveyor. This appraisal assumcoo eneroachmem or c:¢ ements rhos would adversely affect the value ofthe subject property. The appraisers were not provided with a boundary survey. Soil Rosser... s"',,, flatted Stone Isr, 11 11aAgncullwe. SoilSun,,- of 01,1! 1111',- ilrtlNY, I k1ov. Packet Pg. 98  4. 4. f Page 17 243 -245 Hollywood Boulevard NW. PO # 071796 11 y A Not 10094A Fort Wnllon Bench, FL 32547 Ingress /Egress: The subject has d i act access to the north side of Hot lywood Boulevard, an asphalt paved, ivl lane road. l he subject property is clearly visible from Hollywood Boulevard. Access and visibility is considered good. Flwd Risk: boa . 4rw Dated rloodZonv ILIN 1! 2 Pone' 12131 C046 IF Okaloosa County March 7, 2000 -' A" From the Hill A WcbSite: A100 -year food is a floodthat has a l- percent chanceofbeing equaled or exceeded in any given year, A base flood may also be referred to as a 100 -year storm and the area inundated during the base flood is sometimes Hued the too -year Flood plain. Ihe tern " 100 -year flood" is misleading. It is not the flood that will occur once every 100 years. Rather. it is n the flood elevation that has a I- percent chance of being equaled or exceeded each year. Thus, the 100 -year 3 Iloodcouldoccurinorel hanonceinarelotivelyshortperiodoftime. the 100- yearlloo4 whichisthe.alandard to used by most Federal and state agencies. is used by the National Flood Insurance Program ( NI IP) as the a standard for flood plain management and to determine the need for flood insurance. A structure located within a special flood hazard area shown on an NFIP map has a 26 percent chance ofsuffcrine flood damo_c du has m the teen of a 30 -year mottgage. ones B, C. andX are lheflood insurance rate zones that correspond to areas outside the IOU -year Booed plains, aeAJ M area, of 100 -year sheet flow flooding where average depths are less Than I fool. o'ea, oC 100 -year stream e flooding where the contributing drainage area is tessthan l squaremile. mares protected front the 100 -year flood by Iccces- No BF Fs or depths arc shown within tills zone'' The unshaded Zone "X' on the map applicable to the subject is further identifid as " Areas determined to be U outside the 500 -year flood plain.'- mN Zone 4E is the flood insurance rate zone that corresponds to the 100 scar coastal flood Plains fat have additional hazards associated with storm waves. BFEs derived fronvhe detailed I, dn,. Im mraMe, are shown at selected intervals within this zone. Mandatory Mood insurance purchase tequimments apply_ MaN Zones AF and A I - A30 are the flood insurance rate zones that corespond to the 100 -year flood plains that are e determined in the Flood Insurance Study by detn1cd methods. Inmost instance'. iuc '' tend lllevations d, nved from the deal fed hyd m] is analyses are shown atsalected intervals is i diin this one. Mandamn flood insurance O. purchase requirements apply. ao ` COBRA - Coastal Barrier Resource Art. No Federally funded thief insurance in places mm is ed on flood c maps:' EE Site sN Improeemnnfs: R'atcr and scorer tap, asphalt parking, chain Gnk knee. Menage, underground Whites. Q Iutprovements: Light industrial building built in 1964. The building is beyond its econoaiciuseful life and is given no value in the final analysis. Zoning and Concurrency: I he subject properly wring is il'holesale and Ligh( Indu ,, d( It -1) and future land use is desimawdas l.lght Industrial (L11 by the City of Fort Walton Beach. This category provides far lion manufacturinu, warehou, inL distributing and wholesaling in close proximity to transportation facilities. while regulating such uses to minimize the adverse impact of industrial activities on nearby nonindustrial areas. See addenda for LOC excerpts relative to the zoning classification of the subject. Packet Pg. 97  4.4.t Pace IN 143- 245 Ha llywood Boulevard Il PO 9071796 Fort Walton Beach. FL 32i47 H R A N ° I 10094A Assessed Value and Ad Valorem faxes: Cop irs ofthe Okaloosa County lax records are i ac l tided in the addenda- Th ereme. odelioquentpropertytaxes. I he assessment and taxes are typical of fhe area and have no significant effect on market value. Blston: The subject property has been in theolvneship ofthe City of Fort Wahon Beach since prior to 1977 according In county records. The client indicated that the improvements were leased for ninny years of below market rates. The building has been vacant for about six months due to the poor condition of the building. Asoffhe el fedive date ofthczchanrsal. the appraisers are not aware orally additional transfers, sale or marketing activity on the subject. Current Use: Notated light industrial building. Proposed 1 "se: - Unknown. Adjacent Uses: Adjacent and nearby uses include typical rural neighborhooduetivine s consistent with s. ronardinguses : single family residential to the north, vacant retail building to the south, vacant commercial land to the west with frontage on Hollywood Boulevard and vacant commercial land to the cast. Demographic and Econuntie Analysis: The Okaloosa County and the City of Fort Walton Beach, Florida demographic and economic analysis is ns ludcd in the addenda of this report. Market Area: ' Ilse primary source of sale data utilized for the supply and demand analysis was obtained front the Emerald Coast Association of Renters Multiple Listing Service. The appraisers are aware that dte NILS is not all inclusive but has historically been a strong indicator or barometer of market trends l he subject property is located in ECAR MLS Main Area 12, Fort Walton Beach, Subarea 03 \ Vest Fort Walton Beach. Main ken 12 - Fort WaHOn Beach Packet Pg. 98  4.4. f 4324511oll — w LI- aowd SUBJECT PHOTOGRAPHS 1" Nwu on Bach. I [ 32547 aNfQJ9/dn3Cp1l I1 View well m 41oI1} wood BoWevard Packet Pg. 99  4.4.f 2 SUBJECT