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Proper yDescriRion and Zoning According to the legal description, the subject site was rectangular in shape and had 51' of fiontage along the west side of North Main street; 230' of frontage along the south side of Santa Fe street; 5 P of frontage along the east side of I" NW; and a depth of 230' along its south line, Thus, it was assumed to contain 11,730 SF. It was entirely open, except for a mature tree along its north line, near the northwest corner. The site was slightly above grade with the city streets and had a slight slope to the north. Drainage flowed to the city streets. According to our scaling using the FEMA Flood Insurance Rate Map #48277C0320C, roughly 15% of the subject, or about 1,700 SF in the westernmost portion of the site, is within the 100 year flood plain and another 10%+- appears to be within the 500 year flood plain. The subject was served with all city utilities and all three of the streets has two traffic lanes with asphalt surfaces and concrete curb and gutter. There may have been some typical utility easements along the lot lines. It was zoned Commercial, as was most of the strip along North Main, except for a small area of Light Industrial to the north. This is a fairly non-restrictive category that would allow for a wide variety of uses including the lesser classifications of General Retail, Office, Neighborhood Service, but not Multi -family. . Ad, Val mem,lax, Data Presently, the subject was assessed as a 6,120 SF (51' x 120') site in account #15423. It had an assessed value of $11,570 or about $1.89 PSF and it was taxed by the city, county, Paris Junior College and PISD at a combined rate of $1.81702 in 2023. Thus, the total potential tax burden was about $210, using that rate. The assessed value has remained stable for the past four years and is right in line with other commercial properties along this strip. The tax assessments are based on mass appraisal techniques and are not necessarily indicative of market value and do not effect sales prices. PAT MURPHY & ASSOCIATES 10