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SITE VALUATION 59 <br /> Reconciliation and Final Estimate of Value <br /> The Sales comparison Approach and Land Residual Technique resulted in the following <br /> values for the subject property: <br /> Valuation Method Value Conclusion <br /> Sales Comparison Approach $9,620,000 <br /> Land Residual Technique $9,590,000 <br /> Both valuation methods utilized represent appropriate methods of estimating market <br /> value for the subject property. The quality and quantity of information necessary to <br /> complete each technique were satisfactory. Both methods represent the analytical <br /> procedures employed by buyers of property types such as the subject. <br /> Therefore, based on the foregoing analysis, the Market Value "As Is" of the fee simple <br /> interest in the subject site, as of February 18, 2015, subject to the stated extraordinary <br /> assumptions is estimated to be: <br /> NINE MILLION SIX HUNDRED THOUSAND DOLLARS <br /> ($9,600,000) <br /> Clobus, McLemore & Duke, Inc. <br />