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67 <br /> existing or proposed development, it is best to contact the assessor's office for this figure. Example - <br /> $3,236,561. 0 <br /> Average Equalized Real Property Value- (Calculated Total Localized Real Property Value/Total Number <br /> of Land Parcels) - This figure is derived by dividing the total local equalized real property value by the <br /> total number of land parcels. The quotient is therefore the average equalized real property value per <br /> parcel. Example -$109,863. <br /> Average Nonresidential Equalized Real Pronertv Value Per Parcel (Total Nonresidential Real Property <br /> Value/Total Number of Nonresidential Land Parcels) - This figure is derived by dividing the total <br /> nonresidential equalized real property value by the total number of nonresidential land parcels. The <br /> quotient is therefore the average nonresidential equalized real property value per parcel. Example - <br /> $361,101. <br /> Equalized Real Property Value Average Nonresidential Parcel To Average Local Parcel(Average <br /> Nonresidential Equalized Real Property Value Per Parcel/Average Equalized Real Property Value Per <br /> Parcel) - This figure is derived by dividing the average nonresidential equalized real property value per <br /> parcel by the average equalized real property value per parcel. This quotient represents the proportionate <br /> value of nonresidential to residential equalized real property value per parcel. In this example, this figure <br /> indicates that the average nonresidential property is valued at 3.29 times the average local property. <br /> Real Property Value of Facility to Average Nonresidential Real Property Value (Real Property (Market) <br /> Value of Proposed Development/Average Nonresidential Equalized Real Property Value Per Parcel)-This <br /> figure is derived by dividing the real property(market)value of the proposed development by the average <br /> nonresidential equalized real property value per parcel. In our example,this figure indicates that the real <br /> property value of the proposed development is 5.39 times the average nonresidential real property value. <br />