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Indian River County 1 Impact Fee Update Study
<br />Table VII -1
<br />Land and Building Inventory
<br />Year Total Square Total Building
<br />Number of Square Allocated Building Land
<br />Facility Description Acquired/ Footage on and Land
<br />(1) Acres" ) Feet(l) Acreage (3) Value(4)
<br />Value (51 (6)
<br />Built (1) Value
<br />Primary Buildings:
<br />Sheriff's Administration Building
<br />1988
<br />81
<br />33,332
<br />47,552
<br />6.88
<br />$6,666,400
<br />$344,000
<br />$7,010,400
<br />Sheriff's Fleet Compound
<br />19889
<br />9,856
<br />2.03
<br />$1,971,200
<br />$101,500
<br />$2,072,700
<br />General Services Building
<br />N/A
<br />2,100
<br />0.43
<br />$420,000
<br />$21,500
<br />$441,500
<br />Sheriffs Crime Scene Evidence Addition
<br />2003
<br />1,000
<br />0.21
<br />$200,000
<br />$10,500
<br />$210,500
<br />Courthouse Security
<br />N/AN/AI7I
<br />587
<br />122,501
<br />N/A
<br />$117,400
<br />N/A
<br />$117,400
<br />Courthouse Civil Process
<br />N/A
<br />1,914
<br />N/A
<br />$382,800
<br />N/A
<br />$382,800
<br />SunSky Office Space
<br />2011
<br />2.75
<br />4,920
<br />18,146
<br />0.75
<br />$984,000
<br />$37,500
<br />$1,021,500
<br />Crime Scene Building
<br />2013
<br />13,226
<br />2.00
<br />$2,645,200
<br />$100,000
<br />$2,745,200
<br />Miscellaneous Support Buildings On -Site:
<br />Base
<br />N/A9
<br />81
<br />264
<br />47,552
<br />0.05
<br />$13,200
<br />$2,500
<br />$15,700
<br />Storage Bldg/Maintenance Shed
<br />N/A
<br />1,000
<br />0.21
<br />$50,000
<br />$10,500
<br />$60,500
<br />Total
<br />68,199
<br />12.56
<br />$13,450,200
<br />$628,000
<br />$14,078,200
<br />Building Value per Square Foot(8)
<br />$197
<br />Land Value perAcrel9l
<br />$50,000
<br />(1) Source: Indian River County
<br />(2) Represents square footage of all buildings on the associated acreage (whether law enforcement -related or not)
<br />(3) Number of acres divided by the total square footage on-site, multiplied by square footage
<br />(4) Calculated based on $200 per square foot for primary buildings and $50 per square foot for support buildings
<br />(5) Allocated acreage (Item 3) multiplied by land value per acre (Item 9)
<br />(6) Sum of building and land values (Items 4 and 5)
<br />(7) Acreage included in the public buildings impact fee calculations
<br />(8) Total building value divided by total square footage
<br />(9) Estimated based on value of current parcels, a review of recent sales and vacant land values of parcels with similar size and location
<br />Tindale -Oliver & Associates, Inc.
<br />June 2014
<br />Indian River County
<br />81 Impact Fee Update Study
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