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• <br />• <br />Indian River County 1 Impact Fee Update Study <br />County purchased land for Station 13 in 2010 at a cost of $121,000 per acre. This <br />information along with relevant vacant land value and sales information are summarized in <br />Table F-8. <br />Table F-8 <br />Land Value Analysis - Emergency Services Facilities <br />Variable (1) <br />Value of Current Parcels <br />Year <br />1- <br />Average Land <br />Value per Acre <br />2013. <br />$101,802 <br />Cost of Recent Land Purchases(2) <br />�. _2 , <br />X2010 <br />$120,517 <br />Value of Vacant Land: <br />West IRC - Residential <br />> K <br />- 4 to 6 acres <br />2013%. <br />X, $12,855 <br />- 6 to 15 acres <br />�. <br />2013 <br />$18,105 <br />West IRC All Land Uses,.. <br />-4to6acres <br />an <br />$151/Z2Z, <br />- 6 to 15 acres <br />_ <br />3 <br />$24,376 <br />Countywide - Residential <br />t;..". . <br />N. <br />- 4 to 6 acres <br />, <br />2013 <br />$21,884 <br />- 6 to 15 acres <br />2013, <br />$24,620 <br />CountywideAtA,_II L"and Uses <br />IV, <br />404-:ttit., <br />°` <br />1 <br />- 4 to 61tacresR� <br />A <br />2013 <br />$26,741 <br />- 6 to 1 acres <br />x <br />2014 <br />$32,543 <br />Vacant Land <br />Sales: xr;. <br />West IRC - Residentidl: ,-,.. . <br />, <br />' <br />< <br />2010-2012 <br />$43,238 <br />- 6 to 15 ate` c es), <br />2010-2012 <br />$59,271 <br />West IRC - All and,Uses <br />4 to 6 acres., <br />2010-2012 <br />$51,252 <br />6 to�15 acres <br />2010-2012 <br />$56,403 <br />Countywide - Residential <br />- 4 to 6 aes <br />2010-2012 <br />$42,109 <br />- 6 to 15 acres;. a <br />2010-2012 <br />$61,063 <br />Countywide - A'llPLand <br />Uses <br />- 4 to 6 acres <br />2010-2012 <br />$49,868 <br />- 6 to 15 acres <br />2010-2012 <br />$63,042 <br />Used in the Study <br />2013 <br />$60,000 <br />(1) Source: Indian River County Property Appraiser Database <br />(2) Source: Indian River County; Represents land purchase for Station 13, made in 2010. <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />Indian River County <br />F-12 Impact Fee Update Study <br />