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Indian River County I Impact Fee Update Study
<br /> Table VI-1
<br /> Land & Buildings Inventory
<br /> Facility Year Numberof Square Building Land Total Building
<br /> Description Location(l) Acquired/ (1) (1) (2) (3) and Land
<br /> Built(l) Acres Feet Value Value Value(4)
<br /> Fire Station 1(5) 1500 Old Dixie Hwy,Vero Beach,FL 32960 1986 n/a 10,418 $2,708,680 n/a $2,708,680
<br /> Fire Station 2 3301 Bridge Plaza Dr,Vero Beach, FL 32963 2007 0.92 8,436 $2,193,360 $55,200 $2,248,560
<br /> Fire Station 3 290043rd Ave,Vero Beach,FL 32960 2007 2.72 9,275 $2,411,500 $163,200 $2,574,700
<br /> Fire Station 4 15009th St SW,Vero Beach,FL 32962 2007 2.18 7,440 $1,934,400 $130,800 $2,065,200
<br /> Fire Station 5 6580 Old Dixie Hwy,Vero Beach,FL 32967 2007 2.44 7,533 $1,958,580 $146,400 $2,104,980
<br /> Fire Station 6 101 South A1A,Vero Beach,FL 32963 1986 2.20 3,080 $800,800 $132,000 $932,800
<br /> Fire Station 7 1215 82nd Ave,Vero Beach,FL 32966 1986 0.50 3,136 $815,360 $30,000 $845,360
<br /> Fire Station 8 1115 Barber St,Sebastian,FL 32958 1999 1.00 6,243 $1,623,180 $60,000 $1,683,180
<br /> Fire Station 9 1640 US 1,Sebastian, FL 32958 2009 7.05 7,386 $1,920,360 $423,000 $2,343,360
<br /> Fire Station 10 62 North Broadway,Fellsmere,FL 32948 1996 0.48 5,520 $1,435,200 $28,800 $1,464,000
<br /> Fire Station 11 255593rd St,Vero Beach,FL32963 2001 1.51 6,976 $1,813,760 $90,600 $1,904,360
<br /> Fire Station 12 362049th St,Vero Beach,FL 32967 2009 4.00 7,386 $1,920,360 $240,000 $2,160,360
<br /> TrainingTower(6) 422543rd Avenue,Vero Beach, FL 32967 2008 n/al 2,604 $390,600 n/a $390,600
<br /> Planned Station 13 44404th St,Vero Beach,FL 32968 FY 08/09 3.21 n a n a $192,600 $192,600
<br /> Total 28.211 85,433 $21,926,140 $1,692,600 $23,618,740
<br /> Building Value per Square Foot(7) $257
<br /> Land Value perAcrel8l $60,000
<br /> (1) Source: Indian River County
<br /> (2) Building square footage multiplied by$260 for primary buildings and$150 for Training Tower based on recent construction, insurance values,information
<br /> from other jurisdictions,and discussions with architects/contractors. Appendix F provides further detail.
<br /> (3) Number of acres multiplied by land value per acre(Item 8)
<br /> (4) Sum of building value(Item 2)and land value(Item 3)
<br /> (5) The County does not own,but leases the land for Station 1. As such,it is not included in the inventory
<br /> (6) Land associated with the building is included in the inventory of public buildings,as part of the Emergency Operations Center.
<br /> (7) Total building value(Item 2)divided by square footage
<br /> (8) Land value is estimated at$60,000 per acre based on recent sales,vacant land values of parcels with similar size and/or location. See Appendix F for
<br /> additional detail.
<br /> Tindale-Oliver&Associates, Inc. Indian River County
<br /> o June 2014 65 Impact Fee Update Study
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