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Conclusion <br />After adjustments for market conditions, the comparables establish a fair market value <br />range for the subject property between $309 and $479 per square foot as shown in the <br />following table. Comparable Nos. 1, 2 and 3 are rated inferior, while Comparable Nos. 4 and 5 <br />are rated superior. Based on the subject property's size, location and condition, a value above <br />$348 per square foot but below $461 per square foot is indicated for the subject property, <br />A fair market value of $440 per square foot is concluded. Based on the preceding <br />investigation and analysis, the fair market value of the subject property, as of December 5, <br />2016, is calculated as follows: <br />INDICATED VALUE - SALES COMPARISON <br />APPROACH <br />1,296 SF X $440 PSF = $570,240 <br />ROUNDED <br />75Q-19 <br />$570,000 <br />Indicated Values <br />Comparable <br />Overall <br />Indicated $/SF <br />No. <br />Comparability <br />4 <br />Superior <br />$479 <br />5 <br />Superior <br />$461 <br />Subject <br />$440 <br />2 <br />Inferior <br />$348 <br />3 <br />Inferior <br />$315 <br />1 <br />Inferior <br />$309 <br />A fair market value of $440 per square foot is concluded. Based on the preceding <br />investigation and analysis, the fair market value of the subject property, as of December 5, <br />2016, is calculated as follows: <br />INDICATED VALUE - SALES COMPARISON <br />APPROACH <br />1,296 SF X $440 PSF = $570,240 <br />ROUNDED <br />75Q-19 <br />$570,000 <br />