1977-10-24 Regular Meeting - Laserfiche WebLink

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e e e , Oti:J (;'aham, I~eaftol' 427-0~. TELEPHONE (713)421~KZ4X NIGHT (713)422-2327 e POST OFFICE BOX 43 J . BA YTOWN, TEXAS 77520 October 13, 1977 City of LaPorte LaPorte, Texas 77571 Gentlemen: As you have requested, I have appraised a strip of land l6L X 399.80' in Block No. 688, being the alley between 15th Street and 16th Street, from North A Street to North B Street, in the City of LaPorte, Harris County, Texas, and as shown on the attached Plat. ' The purpose of this appraisal was to estimate the Fair Market Value of said property. In my opinion the' highest and best use of Subject Property is light industrial andl commerical. e It is my opinion that the property Value as of October 13, 1977 'of Fee Value: 6396.8 slf @ $0.50 slf = Easement Value: 75% of Fee Value = appraised has ,a"'Fa"1r Harket / ( e , .." :$3,198.40 $2,398.80 Certification: I hereby certify that I have personally examined the property appraised; that the statements contained in ..I this appraisal and upon which the opinions expressed herein are based are true and correct to the best of my knowledge and belief, subject to the limiting con- ditions herein set forth; that to the best of my knO\v- ledge and belief no pertinent information has been overlooked or withheld; and that I have no interest either present or contemplated in the property appraised or in the proceeds to be dervied therefrom. The attached Plat, Appraiser's Qualifications and Contingent & Limiting Conditions are made a part hereof. e Respectfully submitted, vt!,C~ Otis Graham, AFLM Appraiser e APPRAISALS INDUSTRIAL. COMMERCIAL. ACREAGE I ,. . I SALES