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In conclusion, after adjustments, a review of the adjusted comparable sales <br />indicated an estimated market value of $3.50 per square foot for the subject <br />tract. The overall value indication for the subject property can be estimated as <br />follows. <br />1.22 Acres/53,200 Sq. Ft. X $3.50 per Sq.Ft.= $185,000-Rounded <br />Respectfully Submitted, <br />Chris Chuoke, President <br />R.C. CHUOKE & ASSOCIATES, INC. <br />8 <br /> <br />