PROPERTY EVALUATION (RESTRICTED REPORT)
EXECUTIVE SUMMARY Location:
NWC of Golf Course Drive & Sunrise Circle Cathedral City, California, 92234
Final Value:
$30,000 - “As-Is”
LAND VALUECONCLUSION
Cost
Market*
Income
Effective Date Approach
Approach
Approach
Final Land Value:
Not Applicable
$32,965 Not Applicable
Rounded Land Value
5/3/2019
$30,000
*Also called Direct Comparison Approach
Effective Date(s) of Value:
May 3, 2019 - “As-Is”
Interest Valued:
Fee simple Interest
Legal Description:
Please see addendum
Ownership:
CVWD
“As-Is” Land Data:
Pertinent subject site data can be seen in the table below:
LAND SUMMARY TABLE
Parcel Number
Location
Size Land SF Size Acre
Shape Irregular
Lot C-81
NWC of Golf Course Drive &
6,053
0.14
(Portion of Parcel 673-020-004) Sunrise Circle Totals:
6,053
0.14
Source: Plat Map & County Records
Only a portion of parcel 673-020-004 has been appraised within this analysis. The majority of the parcel houses a well owned by the Coachella Valley Water District. This appraisal values the southern portion of this lot, which is currently utilized as a parking lot and a dog park (labeled section A), as well as the eastern portion of the lot (labeled section B), which will be utilized to access a proposed dog park. It should be noted that the Coachella Valley Water District will reserve access and pipeline easement rights over the land appraised within this report.
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