2025 2 10 Work Session PACKET 1

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Valbridge

PROPERTY ADVISORS

Improvements Description

NORTH CITY SCHOOL
IMPROVEMENTS DESCRIPTION

Improvement Characteristics

Property Type:

Property Subtype:
Construction Class:
Construction Quality:
Gross Building Area (GBA):
Net Rentable Area (NRA):

Ratios & Parking
Land-to-Building Ratio:
Floor Area Ratio (FAR):

Age / Life

Condition:

Effective Age:

Typical Building Life:
Remaining Economic Life:

Structural Characteristics
Foundation:

Building Frame:
Exterior Walls:
Roof Material:

Interior Characteristics
Floors:

Walls:
Ceilings:
Lighting:

Restrooms:

Mechanical Systems
Electrical:

Plumbing:
Heating:
Air Conditioning:

Special Purpose
School, University

C - Masonry per Marshall Valuation Service

Average
43,608 SF (based on Owner)
43,608 SF (based on Owner)

7.91 to 1 (Usable Land/GBA)
0.13 (based on GBA)

Poor

45 to 45 years
50 years

5 to 10 years

Concrete slab
Masonry

Masonry and glass
Built-Up

Carpet, tile, and concrete

Drywall, brick, and concrete block

Acoustical tile
Fluorescent

Adequate and typical for the intended use

Assumed adequate

Assumed adequate for the intended use

Central HVAC
Central HVAC

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