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Indian River County 1 Impact Fee Update Study
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<br />Table V-1
<br />Library Land & Building Inventory
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<br />Facility Description
<br />Main Libra
<br />Address j
<br />I
<br />1600 21st Street, Vero Beach, FL 32960
<br />Year
<br />tlt
<br />Built I
<br />19917
<br />tet
<br />Acres
<br />4-4 1.80
<br />1
<br />Square I
<br />tat
<br />Footage ; ,i
<br />ii
<br />49,286
<br />Land
<br />tat
<br />Value I
<br />$209,000
<br />Building
<br />Value tst
<br />$11,828,640
<br />Total Building
<br />and Land
<br />Value (6)
<br />$12,037,640
<br />North County Library 1001 CR 512, Sebastian, FL 32958
<br />'„1993
<br />4"115
<br />„ 25,445
<br />$205,750
<br />$6,106,800
<br />$6,312,550
<br />Law Libra 2000 16th Avenue, Vero Beach, FL 32960.:
<br />' 1994
<br />n/a
<br />=`:- 3,993
<br />n/a
<br />$958,320
<br />$958,320
<br />Gifford Youth Activities Center Library487543rd Avenue, Vero Beach, FL :
<br />n a
<br />/
<br />n a
<br />/
<br />t `±1,513
<br />n a
<br />/
<br />$363,120
<br />$363,120
<br />Brackett Libra 6155 College Lane, Vero Beach, FL 32966,:
<br />\•'2009
<br />n/a
<br />30;000
<br />n/a
<br />$7,200,000
<br />$7,200,000
<br />Total ".
<br />8.295
<br />110,237
<br />$414,750
<br />$26,456,880
<br />$26,871,630
<br />Land Value perAcret't
<br />$50,000
<br />Building Value per Square Foot(8) �
<br />$240
<br />(1)
<br />(2)
<br />Source. Indian River County
<br />Source: Indian River County; Land associated with•Law, Gifford Youth Activities'Center and Brackett Libraries are not included because they are either not
<br />owned by the County or are accounted for in another” impact fee program area r
<br />(3) Source: Indian River County ''
<br />(4) Acres (Item 2) multiplied by the land value per acre (Item 7)
<br />(5) Square footage (Item 3) multiplied by building.value per square foot (Item 8)";.,
<br />(6) Sum of land value (Item 4) and building value (Item'5),: •
<br />(7) Based on a review of vacant land 'sales"'and .values. See Appendix F for additional detail.
<br />;tx
<br />s,,,n,
<br />t.11 ;tl,
<br />(8) Based on recent construction; insurance values; and other available \materials. See Appendix F for additional detail.
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<br />Tindale -Oliver & Associates, Inc.
<br />Indian River County
<br />January 2014 47 Impact Fee Update Study
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