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Indian River County 1 Impact Fee Update Study <br />Table F-6 <br />Land Value Analysis - Correctional Facilities <br />Average Land Value <br />per Acre <br />$45,600 <br />Value of Current Parcels <br />2013 <br />Value of Vacant Land: <br />West IRC - Residential <br />- 4to6acres <br />2013 <br />$12,855 <br />- 6 to 15 acres <br />2013 A <br />$18,105 <br />- 15 to 20 acres <br />201344 <br />$21,353 <br />West IRC - All Land Uses <br />- 4to6acres <br />2013 4 <br />$15,727 <br />- 6 to 15 acres <br />- 15 to 20 acres <br />Countywide - Residential <br />- 4 to 6 acres <br />▪ 6 to 15 acres <br />- 15 to 20 acres <br />X2013 <br />Py 2013 <br />2013 <br />Countywide - All Land Uses <br />- 4 to 6 acres <br />- 6 to 15 acres <br />- 15 to 20acre5 <br />Vacant LandSales: <br />West IRC l'esidential <br />itk <br />Ni 201E <br />2013 <br />$24,376 <br />$22,622 <br />$24, 620, <br />$26,160 <br />$26,741 <br />k $32,543 <br />- 4 to 6 acre`s AtiL <br />Wi;61015 acres <br />Pcfs1710 acres <br />West IRC- A=11 Land Uses , <br />,- 4 to 6 acres <br />t6 to 15 acres <br />- - 15 to. 20 acres <br />2010-2012 <br />2010-2012 <br />X2010-2012 <br />2010-2012 <br />2010-2012 <br />2010-2012 <br />$31,644 <br />$43,238 <br />$59,271 <br />$95,109 <br />$51,252 <br />$56,403 <br />$97,836 <br />Countywide - Residntial <br />- 4 to 6 acres, <br />- 6 to 15 acres <br />2010-2012 <br />2010-2012 <br />$42,109 <br />561,063 <br />- 15 to20acre's <br />2010-2012 <br />$124,315 <br />Countywide - All Land Uses <br />- 4to6acres <br />2010-2012 <br />$49,868 <br />- 6to15acres <br />2010-2012 <br />$63,042 <br />▪ 15to20acres <br />2010-2012 <br />$130,357 <br />Used in the Study <br />2013 <br />550,000 <br />(1) Source: Indian River County Property Appraiser Database <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />F-9 <br />Indian River County <br />Impact Fee Update Study <br />