This commercial appraisal refers to an existing single tenant commercial building, utilized as an automotive dealership, of wood frame construction. The rentable area totals 1,250 square feet situated on approximately 27,138 square feet of land area. On-site parking is provided by the concrete paved lot consisting of an undeterminable number of parking spaces. The subject was constructed in 1926 with an actual age of 84 years. It was recently renovated, consisting of new landscaping, parking lot, and complete renovation of building. The improvements are in good condition with an effective age of 10 years and an estimated remaining economic life of 35 years.
Meridian Commercial Center
January 11, 2019
