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LAND DATA #4 <br /> Location: 217 N. Broadway, La Porte, Tx. <br />Date of Sale: May 10, 2015 <br />Grantor:J. & M. Marroquin <br />Grantee: Triple M Elite, LLC <br /> Recording: 420531 <br />Land Size: 0.287 Acres /12,501 Sq. Ft. <br />Sales Price: $45,000 or $3.59 PSF <br />Financing: Cash to seller <br />Utilities: Public <br />Comments:Zoned General Commercial. Four lots located <br />between Polk and Adams. <br />CURRENT LISTING <br /> Location: 1303 S. Broadway, La Porte, <br />Status:Current Listing <br />Land Size: 2.3 Acres /100,000 Sq. Ft. <br />Sales Price: $300,000 or $3.00 PSF <br />Financing: Negotiable <br />Utilities: Public <br />Comments:Zoned for multi-family. East line of Broadway. <br />DISCUSSION OF LAND SALES DATA <br />After a review of the comparable land sales, each were adjusted for the <br />aforementioned factors when compared to the subject property. Comparables 1 <br />and 4 were given positive adjustments for having inferior locations when <br />compared to the subject and comparables 2 and 3 were given negative location <br />adjustments. Sale 4 was given a negative adjustments for having a smaller site <br />size than the subject property. Sale 3 was a corner location and was adjusted <br />downward for same. The following is an adjustment grid for the comparable land <br />sales. <br />6 <br /> <br />