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Sebastian River Preserve State Park Land <br /> Department of Environmental Protection BIA 07-6430 2 <br /> SUMMARY OF FINDINGS (Continued) <br /> Parcel A - Existing 102nd Avenue Public Right-Of-Way (Continued ) <br /> FLUP/Zoning Parcel A is not subject to a specific portion of Indian <br /> River County's future land use and zoning <br /> restrictions . For valuation purposes , the client <br /> instructed the use of the hypothetical assumption <br /> that the property, if privately owned , would have a <br /> land use designation of "C/1 " (Commercial/Industrial) <br /> with an underlying " IL" , Light Industrial , zoning (see <br /> Hypothetical Condition) . <br /> Present Use Two lane-wide asphalt public roadway. <br /> Assessment and Taxes Not applicable . <br /> Utilities to the Property Municipal water, sanitary sewer and public electricity <br /> and telephone service runs along the right-of-way <br /> serving developed industrial properties to the <br /> northwest and north . <br /> Improvements None other than the developed road right-of-way <br /> Flood Zone Zone "X ' <br /> Mineral Rights No title policy was available for review, therefore we <br /> assumed there are no oil , gas or mineral rights <br /> outstanding that impact the property. <br /> Easements Unknown , but there are existing utilities that run <br /> along Parcel A. <br /> Encumbrances None known that would impact the market value of <br /> the property. <br /> Highest and Best Use Under the hypothetical assumption , light industrial <br /> use <br /> Unit of Comparison Value per Sq Ft of land <br /> Range of Sales Data $ 1 . 65 to $2 . 76 per SgFt of land <br /> 2260A <br />