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<br />" <br /> <br />,~ <br /> <br />---, <br /> <br />,.J <br /> <br />Sale 4 is located on Miami Gardens Drive, east of Biscayne Boulevard in Aventura, approximately <br />1 % miles northwest of the subject. This 63,000 square foot site sold in December of 2001 for <br />$2,600,000 or $41.27 per square foot of land area. At the time of sale, the site was vacant. The site <br />was at a grade suitable for development at the date of sale. The site is zoned for commercial use. <br />The site is located adjacent to the Loehmann's Plaza Shopping Center and a major intersection on <br />Biscayne Boulevard. <br /> <br />'.1 <br /> <br />.~ <br /> <br />" <br /> <br />,,,j <br /> <br />A detailed profile of each sale, a summary of the sales, a sales map and a value conclusion follow <br />herein. <br /> <br />~I <br /> <br />.-.J <br /> <br />" <br /> <br />,-j <br /> <br />~, <br /> <br />\_j <br /> <br />'-1 <br /> <br />" _J <br /> <br />\, ..J <br /> <br />'-, <br /> <br />,-) <br /> <br />" <br /> <br />,-_J <br /> <br />" <br /> <br />,,,,j <br /> <br />~I <br /> <br />~) <br /> <br />" <br /> <br />,~ <br /> <br />", <br /> <br />,-.--! <br /> <br />,~-, <br /> <br />,-__J <br /> <br />" <br /> <br />" <br /> <br />,~J <br /> <br />QUINLIVAN APPRAISAL <br /> <br />" <br /> <br />29 <br />