Laserfiche WebLink
JCPENNEY COMPANY, INC <br />Store #1994 -Fargo, ND <br />West Acres Mall -Cass County <br />February 1, 2009 Fair Market Value Estimat® <br />Parcel # <br />Improvement Size <br />Acreage <br />Sq Ft <br />Approximately <br />LandBldg Ratio <br />Date Opened <br />TAX YEAR: 2449 <br />Assessor's Market Value: <br />Value / sq ft <br />01-6570-00 I90-000 <br />138,850 <br />78,260 <br />1.80 ac <br />.56 <br />8/01 /79 <br />$ 9,473,400 <br />$ b8.23 <br />Taxnayer's Opinion of Value: $ 7,000,000 <br />Value / sq ft <br />$ 50.41 <br />Reference Schedules: <br />Exhibit 1-Income Approach Based on Percentage Rent <br />Exhibit 2 -rent required to Support Assessor's Value <br />Exhibit 3 -The Score 2008 from "Dollars and Cents of Shopping Centers" <br />Exhibit 4 -Summary of Leases of Northwest /Midwest Department Stores <br />Exhibit 5 -Summary of Leases in North Dakota <br />#202477 <br />