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After adjustments for market conditions, the comparables establish a fair <br />market value range for the subject property between $316 and $423 per square foot <br />as shown in the following table. Comparable No. 4 is superior at $423 per square <br />foot, whereas Comparable No. 1 is inferior at $411. Based on the subject property's <br />size, location and condition, a value between these two comparables appears <br />reasonable for the subject property. <br />A fair market value of $415 per square foot is concluded. Based on the <br />preceding investigation and analysis, the fair market value of the subject property, as <br />of October 30, 2015, is calculated as follows: <br />INDICATED VALUE - SALES COMPARISON <br />APPROACH <br />11491 SF X $415 PSF = $618,765 <br />ROUNDED $620,000 <br />75A -13 <br />Indicated Values <br />Comparable <br />Overall <br />Indicated $ /SF <br />No. <br />Comparability <br />4 <br />Superior <br />$423 <br />Subject <br />- - - -- <br />$415 <br />1 <br />Inferior <br />$411 <br />5 <br />Inferior <br />$374 <br />6 <br />Inferior <br />$340 <br />2 <br />Inferior <br />$326 <br />3 <br />Inferior <br />$316 <br />A fair market value of $415 per square foot is concluded. Based on the <br />preceding investigation and analysis, the fair market value of the subject property, as <br />of October 30, 2015, is calculated as follows: <br />INDICATED VALUE - SALES COMPARISON <br />APPROACH <br />11491 SF X $415 PSF = $618,765 <br />ROUNDED $620,000 <br />75A -13 <br />