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The property is being appraised for the possible full acquisition by the City of <br />Santa Ana to assist in negotiations with the property owner for the possible full <br />acquisition of the subject property as a part of the Bristol Street Widening Improvement <br />Project, <br />DESCRIPTION OF THE SUBJECT PROPERTY <br />Ownership: R & S Properties, LLC <br />Location: 2209 South Bristol Street, Santa Ana, California <br />92704 <br />Assessor's Parcel No.: 015-194-25 <br />Date of Value: November 29, 2016 <br />Property Rights Appraised: Fee simple <br />Site Area: Approximately 6,534 square feet, or 0,15 acre, <br />according to public records. <br />Zoning: According to the City, the larger parcel is zoned O <br />(Park), within the Bristol Street Corridor Specific Plan <br />designated by the City of Santa Ana. The purpose of <br />the O District is to provide for permanent open spaces <br />in the city. <br />Present Use: <br />Highest and Best Use <br />(As Vacant): <br />Highest and Best Use <br />(As Improved): <br />Commercial <br />Retail development <br />Continue the existing use <br />Improvements: Public records indicates a building area of 854 square <br />feet. Take -oft measurements made at the time of <br />inspection indicate a building area of ±1,164 square <br />feet which is utilized in the valuation. It was originally <br />constructed in 1980. <br />Description of Acquisition: A full acquisition is proposed <br />75J-18 <br />