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Indian River County I Impact Fee Update Study <br /> County purchased land for Station 13 in 2010 at a cost of $121,000 per acre. This <br /> information along with relevant vacant land value and sales information are summarized in <br /> Table F-8. <br /> Table F-8 <br /> Land Value Analysis-Emergency Services Facilities <br /> Variable(l) Year Average Land <br /> Value per Acre <br /> Value of Current Parcels 2013 $101,802 <br /> Cost of Recent Land Purchases(2) 2010 $120,517 <br /> Value of Vacant Land: <br /> West IRC-Residential <br /> -4 to 6 acres 2013 $12,855 <br /> -6 to 15 acres 2013 $18,105 <br /> West IRC-All Land Uses <br /> -4 to 6 acres 2013 $15,727 <br /> -6 to 15 acres 2013 $24,376 <br /> Countywide-Residential <br /> -4 to 6 acres 2013 $21,884 <br /> -6 to 15 acres 2013 $24,620 <br /> Countywide-All Land Uses <br /> -4 to 6 acres 2013 $26,741 <br /> -6 to 15 acres 2013 $32,543 <br /> Vacant Land Sales: <br /> West IRC-Residential <br /> -4 to 6 acres 2010-2012 $43,238 <br /> -6 t 15 acres 2010-2012 $59,271 <br /> West IRC-All Land Uses <br /> -4 to 6 acres 2010-2012 $51,252 <br /> -6 to 15 acres 2010-2012 $56,403 <br /> Countywide -Residential <br /> -4to6acres 2010-2012 $42,109 <br /> -6 to 15 acres 2010-2012 $61,063 <br /> Countywide-All Land Uses <br /> -4 t 6 acres 2010-2012 $49,868 <br /> -6 to 15 acres 2010-2012 1 $63,042 <br /> Used in the Study 2013 $60,000 <br /> (1) Source: Indian River County Property Appraiser Database <br /> (2) Source: Indian River County; Represents land purchase for Station 13,made in 2010. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 F-12 Impact Fee Update Study <br /> Z41 <br />