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Indian River County 1 Impact Fee Update Study
<br />Table VI -1
<br />FacilityNumber
<br />Description
<br />Fire Station 15
<br />Land
<br />Location(1)
<br />1500 Old Dixie Hwy, Vero Beach, FL32960
<br />& Buuldings
<br />Year
<br />Acquired/
<br />Built(l)
<br />1986
<br />Inventory
<br />of
<br />Acres(l)
<br />n/a
<br />Square
<br />Feet(l)
<br />10,418
<br />Building
<br />Value(2)
<br />$2,708,680
<br />Land
<br />Value(3)
<br />n/a
<br />Total Building
<br />and Land
<br />Value(4)
<br />$2,708,680
<br />Fire Station 2
<br />3301 Bridge Plaza Dr, Vero Beach, FL32963
<br />2007
<br />0.92
<br />8,436
<br />$2,193,360
<br />$55,200
<br />$2,248,560
<br />Fire Station 3
<br />2900 43rd Ave, Vero Beach, FL 32960
<br />2007
<br />2.72
<br />9,275
<br />$2,411,500
<br />$163,200
<br />$2,574,700
<br />Fire Station 4
<br />1500 9th St SW, Vero Beach, FL 32962
<br />2007
<br />2.18
<br />7,440
<br />$1,934,400
<br />$130,800
<br />$2,065,200
<br />Fire Station 5
<br />65800ld Dixie Hwy, Vero Beach, FL32967
<br />2007
<br />2.44
<br />7,533
<br />$1,958,580
<br />$146,400
<br />$2,104,980
<br />Fire Station 6
<br />101 South A1A, Vero Beach, FL 32963
<br />1986
<br />2.20
<br />3,080
<br />$800,800
<br />$132,000
<br />$932,800
<br />Fire Station 7
<br />1215 82nd Ave, Vero Beach, FL 32966
<br />1986
<br />0.50
<br />3,136
<br />$815,360
<br />$30,000
<br />$845,360
<br />Fire Station 8
<br />1115 Barber St, Sebastian, FL32958
<br />1999
<br />1.00
<br />6,243
<br />$1,623,180
<br />$60,000
<br />$1,683,180
<br />Fire Station 9
<br />1640 US 1, Sebastian, FL 32958
<br />2009
<br />7.05
<br />7,386
<br />$1,920,360
<br />$423,000
<br />$2,343,360
<br />Fire Station 10
<br />62 North Broadway, Fellsmere, FL32948
<br />1996
<br />0.48
<br />5,520
<br />$1,435,200
<br />$28,800
<br />$1,464,000
<br />Fire Station 11
<br />2555 93rd St, Vero Beach, FL 32963
<br />2001
<br />1.51
<br />6,976
<br />$1,813,760
<br />$90,600
<br />$1,904,360
<br />Fire Station 12
<br />362049th St, Vero Beach, FL32967
<br />2009
<br />4.00
<br />7,386
<br />$1,920,360
<br />$240,000
<br />$2,160,360
<br />TrainingTower(6)
<br />422543rd Avenue, Vero Beach, FL32967
<br />2008
<br />n/a
<br />2,604
<br />$390,600
<br />n/a
<br />$390,600
<br />Planned Station 13
<br />44404th St, Vero Beach, FL32968
<br />FY08/09
<br />3.21
<br />pip.
<br />n a
<br />$192,600
<br />$192,600
<br />Total
<br />28.21
<br />85,433
<br />$21,926,140
<br />$1,692,600
<br />$23,618,740
<br />Building Value per Square Foot(7)
<br />$257
<br />Land Value perAcrei8l
<br />$60,000
<br />(3)
<br />(4)
<br />(5)
<br />(6)
<br />(7)
<br />(8)
<br />Source: Indian River County
<br />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 />Number of acres multiplied by land value per acre (Item 8)
<br />Sum of building value (Item 2) and land value (Item 3)
<br />The County does not own, but leases the land for Station 1. As such, it is not included in the inventory
<br />Land associated with the building is included in the inventory of public buildings, as part of the Emergency Operations Center.
<br />Total building value (Item 2) divided by square footage
<br />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.
<br />June 2014
<br />Indian River County
<br />65 Impact Fee Update Study
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