03-C PEDC/Kammer Appearance - Laserfiche WebLink

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~ i Hiehest and Best Use Highest and best use is defined as that easonable and probable use that supports the highest present value, as defined, as of the effective da e of the appraisal. This use must be physically possible, legal, financially feasible and result in the h ghest land value. As VacanC The General Retail zoning would leg Ily allow almost any feasible use and its size and desirable topography will accommodate many d fferent uses. The larger sales will show this trend. It probably has greater utility as one or two large I ts than as six smaller lots. The dual access is positive for its appeal. The immediate neighborhood has trad gradually giving way to retail and se concentrated on or near the l9'h street i when a lot of this size is developed in in the area and neighborhood analysis with multi family keeping pace with i involves a 2,000 SF to 4,000 SF meta type of owner occupied use. The typi small modesdy finished units. Given the planned construction of 18 units a for development inro some type of ret of vacant Iand in this strip; thus, iowner/occupant purchased the sites. :ionally been a mixed use strip with the older residential uses vice oriented businesses. Most commercial uses have been tersection but that development is slowly spreading. Usually, his strip, it has been for multi family use. The data presented howed that the type of new construction in this strip is varied ie odd commercial use. Most new commercial construction building with or without brick veneer, constructed for some al multi family project is a six ro twelve unit complex with he location and the characteristics of the neighborhood, and 13`h and Bonham, the subdivision of the subject into two lots il or service type use was most likely. There is a fair amount would most likely remain vacant until such time as an The subject has been purchased for ulti ate development into a 39 unit assisted living complex. The feasibility of that use is beyond the scope of this appraisal but when such centers have been constructed locally in the past, they competed with this same mixture of uses. PAT MUIRPHY & ASSOCIATES