1. Abatement hrg/Kmart Corp.
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1. Abatement hrg/Kmart Corp.
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<br />Abatements #4230 & #4231- Kmart Properties Located on 13th Avenue S & University Dr S <br /> <br />18 <br /> <br />Assessment Department Current Cost Model- University Drive S BUr!!er Kine <br /> <br />Estimate Number <br />Parcel Number <br />Property Owner <br />Property Address <br />Property City <br />State/Province <br />ZIP/Postal Code <br /> <br />3408 <br />2210-00400 3 <br />K-Mart Corp (2000 Abatement Cost Est) <br />2301 University Dr S (Burger King) <br />Fargo <br />ND <br />58103 <br /> <br />Section 1 <br /> <br />Occupancy <br />76% Fast Food Restaurant <br />24% Fast Food Restaurant <br />Total Area <br />Number of Stories (Section) <br />Shape <br /> <br />Class <br />Wood or steel framed exterior walls <br />Wood or steel framed exterior walls <br />: 4,169 <br />1.00 <br />: 3.00 <br /> <br />Height Rank <br />12.00 3.0 <br />20.00 3.0 <br /> <br />Components <br />HV AC (Heating): <br />Complete HV AC <br />Sprinklers: <br />Sprinklers <br />Exterior Walls: <br />Stud -Brick Veneer <br />Curtain-Glazed Atrium <br /> <br />U nits/% <br /> <br />Other <br /> <br />100% <br /> <br />100% <br /> <br />76% <br />24% <br /> <br />Cost as of <br /> <br />01/2004 <br /> <br />U nits/% <br /> <br />Cost <br /> <br />Total <br /> <br />Basic Structure <br />Base Cost <br />Exterior Walls <br />Heating & Cooling <br />Sprinklers <br />Basic Structure Cost <br /> <br />4,169 <br />4,169 <br />4,169 <br />4,169 <br />4,169 <br /> <br />91.36 <br />25.82 <br />16.42 <br />3.31 <br />136.91 <br /> <br />380,880 <br />107,633 <br />68,455 <br />13,799 <br />570,767 <br /> <br />Less Depreciation <br />Physical & Functional <br />Depreciated Cost <br /> <br />26.0% <br />4,169 <br /> <br />101.31 <br /> <br />148,400 <br />422,367 <br /> <br />Rounded to Nearest <br />Total Back Dated to 01/2000 <br /> <br />1,000 <br /> <br />422,000 <br />377.816 <br /> <br />Remarks for Section 1: <br />Built in 1976- located on lease site. 1995 constructed 26 x 39 playroom addition 20 ft walls. Laminated wood beam <br />(glulam) construction with thermo glass walls, cone. slab floor, heated and air conditioned. <br />
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