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O012o . . <br /> , . <br /> °HANGS COUNTY BOARD OF COUNTY coplassiorats <br /> TAX APPEALS <br /> Mr. J. O. Sanderson <br /> 5504 Chapel Hill Blvd. <br /> Durham, N. C. 27707 <br /> • <br /> Chapel Hill Township, Tax Map 26, lot 15 <br /> 17.06 Acres Vacant Land <br /> 1981 Valuation: $71,652 <br /> Recommendation: About 2Z) of this land is in a flood plain. Too adjust for <br /> this a 15/.7 negative adjustment should be made on this tract. <br /> Also Mr. Sanderson states that he has "No Road Access." If <br /> this means that there is no legal right of way to this property, <br /> I recommend a 61% negative adjustment. <br /> Impact: A 15% adjustment would make the value of this property $60,904. <br /> A 61% adjustment would make the value of this property $27,944.. <br /> • <br />