Full record / 2026 Land Value Study - 2060 Garland-Grandview.pdf

2026 Land Value Study - 2060 Garland-Grandview.pdf

Hotel Indigo Traverse City Petitioner Vs. City Of Traverse City Respondent · 26-001051-TT

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Text extracted from the reviewed PDF, organized by page. OCR and reading order may contain errors; confirm details in the PDF below.

Page 1

2026 Land Value Analysis 

2000 TC Com-Ind 

Garland - Grandview 

85.08 

Calculated 

From 

Te 

a 

a 

G 

iH 

foto] 

i] 

©] S 

67.81% 

erX ant 

Calculated 

‘ma

$200 

A 

=A* 

= 

Cre 

Onuse 

5,000 

Unused 

7,500 

Unused 

0,000 | 

Unused 

$150 

é 

2,500 

Unused 

5,000 | 

Unused 

Fd 

0,000 

Unused 

5,000 | 

Unused 

0,000 | 

Unused 

$100 

20,000 | 

Unused 

50,000 

| 

Unused 

60,000 

| 

Unused 

87,120 

| 

Unused 

30,680 

| 

Unused 

74,240 

| 

Unused 

$50 

17,800 

| 

Unused 

35600 | 

Unuse 

653,400 | Unuse 

871,200 | Unuse 

$0 

.1.089,0001 

u 

2,000 

4,000 

6,000 

8,000 

10,000 

12,000 

14,000 

< Button 

X 

 NotUsed 

® 

Vacant 

A 

Extraction 

© 

Allocation 

~~ ———Prior Year 

~~ =——Calcd 

= 

Manual 

Use 

p 

P 

Date 

ale 

q 

D 

Ad 

dResid 

1 

28-51-658-038-00 | 1/27/2023 $2,900,000] 

14,375 

$0[ 

$2,900,000 

$2,900,000 $201.74 

1 

28-51-658-043-00 

$2,400,000 

10,890 

$724,257] 

$2,400,000] 

$1,675,743| 

$153.88 

1 

28-51-658-043-00 | 8/3/2022|$2,100,000/ 

10,890 

$724,257 

$2,100,000] 

$1,375,743] 

$126.33 

1 

28-51-658-038-00 | 1/27/2023($2,900,000| 

14,375 

$0| 

$2,900,000| 

$1,966,490] $136.80 

1 

28-51-658-043-00 

$2,400,000( 

10,890 

$724,257 

$2,400,000) 

$1,627,440 $149.44 

1 

28-51-658-043-00 | 8/3/2022($2,100,000| 

10,890 

$724,257| 

$2,100,000 

$1,424,010] $130.76

Page 2

2000 TC Com-Ind 

Garland - Grandview 

Starting Stats 

Standard Deviations to Allow 

Stats After Rem

Min: 

65.51% 

StDevs Allowed Below Mean: 

1.00 

<-edit 

Min: 

Max: 

100.00% 

StDevs Allowed Above Mean: 

1.00 

<-edit 

Max: 

Mean: 

78.44% 

Min Land% Allowed: 

59.65% 

Mean: 

Median: 

69.82% 

Max Land% Allowed: 

88.61% 

Median: 

StDev: 

18.79% 

StDev: 

COD (median): 

16.47% 

Prior Year (Optional): 

0.00% 

<-(Global Setup) 

JCOD (median): 

COV (mean): 

23.95% 

Current year starting: 

80.43% 

COV (mean): 

Current year conclusion: 

67.81% 

67.81% 

“Manual Override? 

 * Calculated # » 

Note that manually editing the Use column will deactivate automated inclusion/exclusion for that observation. 

e 

Use 

JAE 

s001—£ 

[) 

Extraction 

28-51-658-038-00 

| 1/27/2023 

$2,900,000 

14.375 

$0 

$

s002_E 

1 

Extraction 

28-51-658-043-00 

7/18/2024 

$2,400,000 

10,890 

$724,257 

5003_E 

1 

Extraction 

28-51-658-043-00 

8/3/2022 

$2,100,000 

10,890 

$724,257

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