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Item 17 - Public Hearing - Purchase and Sale Agreement for 1901 W. Walnut Street
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Item 17 - Public Hearing - Purchase and Sale Agreement for 1901 W. Walnut Street
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Last modified
2/11/2026 8:36:09 AM
Creation date
2/11/2026 7:53:57 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
17
Date
2/17/2026
Destruction Year
P
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Land Value <br />Land Value <br />Our sales research focused on transactions within the following parameters: <br />• Location: Within a 5-mile radius. <br />• Size: 5,000 square feet to 55,000 square feet. We initially searched for sites that are one -acre <br />(43,560 square feet) and smaller, but limited data was found so we expanded our parameters. <br />• Use: We focused our search on site with a similar commercial zoning designation. <br />• Transaction Date: December 2023 to the present. <br />The following map and table summarize the comparable data used in the valuation of the subject site. A <br />detailed description of each transaction is included in the addenda. <br />Aer <br />1F[SS <br />In L, i <br />Faunt��+� Vrlltl� <br />SNA <br />Coate me <br />x <br />AP" Ma <br />Irvine <br />CBRE VALUATION & ADVISORY SERVICES 21 © 2025 CBRE, INC <br />
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