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.....Page 3 Continued..... <br />Therefore the unit market value of the subject tract is estimated at $3.25 PSF <br />which is based on 100% fee simple ownership with no discounting <br />applied for use as a public right of way. The total value (both tracts) <br />indication is calculated as follows. <br />+-3.75 Acres or 13, SF X $3.25 PSF = $ <br />Respectfully Submitted, <br />Chris Chuoke, President <br />R.C. CHUOKE & ASSOCIATES , INC. <br /> <br />