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234 <br /> Comparable 10-Mangum Elementary, 9008 Quail Roost Road, Bahama <br /> ,.5 t <br /> kf <br /> *iJ <br /> � m �i'�]y* <br /> iY: <br /> AV <br /> I Aid <br /> f <br /> This school site is located on the west side of Quail Roost Road at Ball Road with a mix of adjoining <br /> residential and agricultural uses. <br /> Adjoining Use Breakdown <br /> Acreage Parcels <br /> Residential 20.71% 88.24% <br /> Agricultural 79.29% 11.76% <br /> Total 100.00% 100.00% <br /> I considered Parcel 11, with a street address of 8813 Quail Roost Road, that sold on January 11, <br /> 2018 for $141,500 for a 1,298 square foot dwelling built in 1941 with two bedrooms and one <br /> bathroom. This is on a 1.14-acre lot. The property is reported as having a 3-bedroom septic and <br /> has an unfinished 2nd level walk up, screened porch, basement garage, and detached two-car <br /> garage. I specifically note that the marketing for this property highlights the fact that this home is <br /> directly across the street from Mangum as a beneficial feature. This purchase works out to be <br /> $109.01 per square foot. <br /> I have compared this to 8219 Cassam Road that sold on September 5, 2017 for $169,000 for a <br /> 1,102 square foot dwelling with three bedrooms and one bathroom built in 1959 on a 7.15-acre <br /> parcel. This has an attached carport. Adjusting this property downward for the excess land the <br /> indicated purchase price is $109,000. This adjustment is based on $9,000 per acre for the <br />