2025 2 10 Work Session PACKET 1
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Valbridge PROPERTY ADVISORS Summary of Salient Facts | NORTH CITY SCHOOL SUMMARY OF SALIENT FACTS Property Identification Property Name Property Address Latitude & Longitude Tax Parcel Number Property Owner Site Zoning FEMA Flood Map No. Flood Zone Gross Land Area Usable Land Area Existing Improvements Property Use Occupancy Gross Building Area (GBA) Net Rentable Area (NRA) Condition Construction Class Construction Quality Valuation Opinions Highest & Best Use - As Vacant Highest & Best Use - As Improved Reasonable Exposure Time Reasonable Marketing Time ——————— North City School 1601 Palos St Athens, McMinn County, Tennessee 37303 35.458535, -84.60794 056C-A-054.00 City of Athens Tennessee Medium Density Residential District (R-2) 47107C0203D Zone X 7.920 acres 7.920 acres School, University 0.0% - 43,608 sf 43,608 sf Poor C - Masonry Average Residential, multi-family, or special purpose use Raze or renovate the current improvements into some form of special purpose or multi-family development 12 months 12 months © 2024 VALBRIDGE PROPERTY ADVISORS | CHATTANOOGA PAGE 5