Laserfiche WebLink
Indian River County I Impact Fee Update Study <br /> Building value of the facilities included in the inventory was estimated based on insurance <br /> values, estimates for future buildings, and cost information obtained from other <br /> jurisdictions. This analysis resulted in an estimate cost of$210 per square foot for primary <br /> buildings and $50 per square foot for support buildings. <br /> In addition to building value, land values were estimated for future land purchases. Land <br /> value was determined primarily through a review of the value of parcels where the current <br /> public buildings are located, as reported by the Indian River County Property Appraiser, and <br /> an analysis of vacant land sales and values of 1- to 15-acre lots in Indian River County. This <br /> analysis resulted in an average land value of $90,000 per acre. Additional information is <br /> included in Appendix F. <br /> Tindale-Oliver&Associates, Inc. Indian River County <br /> June 2014 35 Impact Fee Update Study <br /> 70 <br />