1. Abatement hrg/Kmart Corp. - Laserfiche WebLink

Abatements #4230 & #4231- Kmart Properties Located on 13th Avenue S & University Dr S 13 Assessment Department Current Cost Model- University Drive S Kmart Estimate Number Parcel Number Property Owner Property Address Property City State/Province ZIP/Postal Code 3406 2210-00400 1 K-Mart Corp (2000 Abatement Cost Est) 2301 University Dr S (K-Mart Bldg) Fargo ND 58103 Section 1 Occupancy 100% Discount Store Total Area Number of Stories (Section) Shape Class Masonry bearing walls 92,800 1.00 2.00 Height 20.00 Rank 2.0 Components HV AC (Heating): Package Unit Sprinklers: Sprinklers Exterior Walls: Concrete Block U nits/% Other 100% 100% 100% Cost as of 01/2004 U nits/% Cost Total Basic Structure Base Cost Exterior Walls Heating & Cooling Sprinklers Basic Structure Cost 92,800 92,800 92,800 92,800 92,800 24.35 9.77 7.87 1.60 43.59 2,259,680 906,656 730,336 148,480 4,045,152 Less Depreciation Physical & Functional Depreciated Cost 45.0% 92,800 23.97 1,820,318 2,224,834 Miscellaneous Asphalt Paving Canopy Total Cost 2,700 92,800 18.00 28.72 392,000 48,600 2,665,434 Rounded to Nearest Total Back Dated to 0112000 1,000 2,665,000 2.407.785 Remarks for Section 1: Kmart store originally built in 1963. Land area: 512,399 sq. ft. The original construction included a grocery store, which later was closed and K-Mart took over this space. Over the years little has been done interior or exterior. 1991 interior was updated with new display settings and deli and small lunch area relocated and some dressing rooms redone. Garden shop wall repaired. Some exterior re-facing. Auto shop is less than 5% of total building area, so the building was considered as being all discount store occupancy.