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TABLE 2
<br />COMPARABLE LAND SALES
<br />PROPOSED SAN LEANDRO AUTO CENTER
<br />SAN LEANDRO, CALIFORNIA
<br />CITY OF SAN LEANDRO REDEVELOPMENT AOENCY
<br />Sale Price (t) Area SF
<br />Como Locatlon1APN (Sale Data Acres Zonina Shape Price/SF 01
<br />8 East side of Auto Mall Circle, south of $1,609,324 180,774 I-R Rectangular $8.90
<br />Durham Auto Mall Parkway (4.15)
<br />Fremont, CA Aug-90
<br />531-220-4-1. 4-6. 5-2 (portion)
<br />9 East side of Auto Mall Circle, east of
<br />Cushing Parkway
<br />Fremont, CA
<br />531-220-4-1. 4.6, 5-2 (portion)
<br />$1,339.000 151.589 I-R Rectangular $8.83
<br />(3.48)
<br />Aug-90
<br />10 West side of Auto Mall Circle, north of
<br />$1,326,500
<br />165,528
<br />I-R
<br />Basically
<br />$8.01
<br />Cushing Parkway
<br />(3.80)
<br />rectangular
<br />Fremont, CA
<br />Aug-90
<br />531-220-4-1. 4-6, 5-2 (portion)
<br />11 Southeast side of Auto Mall Circle, east
<br />$1,035,000
<br />129,809
<br />I-R
<br />Basically
<br />$7.97
<br />of Cushing Parkway
<br />(2 98)
<br />rectangular
<br />Fremont, CA
<br />Aug-90
<br />531-220-4-1, 4-6, 5-2 (portion)
<br />12 25W North Main Street, west of 1-680
<br />$1,425.000
<br />140,263
<br />C-6
<br />Irregular
<br />$10.16
<br />Walnut Creek, CA
<br />(3,22)
<br />171-202-014-6
<br />Sep-91
<br />13 West side of Market Street, east of State
<br />$1.906.000
<br />152,454
<br />Sc
<br />Rectangular
<br />$12.50
<br />Highway 242, south of Concord Avenue
<br />(3,50)
<br />Concord, CA
<br />Mar-91
<br />126-0304M-1 (portion)
<br />14 West side of Market Street, east of State
<br />$1,089.000
<br />87,120
<br />Sc
<br />Rectangular
<br />$12.50
<br />Highway 242, south of Concord Avenue
<br />(2.00)
<br />Concord, CA
<br />Jul-90
<br />126-030-022-0
<br />Notes: (1) Sales price including bonds.
<br />Source: Comps, Inc.
<br />Prepared by: Keyser Marston Associates, Inc.
<br />Filename: C:IEXCEL\SANLEAND%SANLAUTO.XLS; 3/29/96; WCM.
<br />Planned Use
<br />Comments
<br />2 Buildings of
<br />Sale of a vacant site by Catellus Development Corp.
<br />20.000-22.000 SF
<br />at the proposed Fremont Auto Mall. Buyer
<br />is dba Fremont Lincoln Mercury.
<br />Assessment bonds to each parcel were carried by
<br />the 2nd seller and will be paid by the City if a certain
<br />sales volume is reached. Gross acreage of 5.09
<br />acres, or $7.41/SF.
<br />Auto sales
<br />Sale of a vacant site by Catelius Development Corp.
<br />Facility
<br />at the proposed Fremont Auto Mall. Buyer
<br />is dba Fremont Lincoln Mazda.
<br />Assessment bonds to each parcel were carried by
<br />the 2nd seller and will be paid by the City if a certain
<br />sales volume is reached. Gross acreage of 4.15
<br />acres, or $7.41/SF.
<br />30,000 SF and
<br />Sale of a vacant site by Catellus Development Corp.
<br />15,000 SF auto
<br />at the proposed Fremont Auto Mall.
<br />sales facility
<br />Assessment bonds to each parcel were carried by
<br />buildings
<br />the 2nd seller and will be paid by the City if a certain
<br />sales volume is reached. Gross acreage of 4 11
<br />acres, or $7.41/SF.
<br />19,000 SF
<br />Sale of a vacant site by Catellus Development Corp.
<br />auto sales
<br />at the proposed Fremont Auto Mall to Chrysler Realty
<br />facility building
<br />Assessment bonds to each parcel were carried by
<br />the 2nd seller and will be paid by the City if a certain
<br />sales volume is reached. Gross acreage of 3.21
<br />acres, or $7.41/SF.
<br />Lease to
<br />REO sale which reportedly sold below market value.
<br />automotive
<br />There is a 2-story concrete parking structure in ex -
<br />dealership
<br />cellent condition covering half the site. The site
<br />slopes downward to Interstate 680 from North Main
<br />Street.
<br />25.000 SF
<br />Sale of a finished pad abutting State Highway 242
<br />Auto sales
<br />and near an interchange by the City of Concord
<br />facility with 2nd
<br />Redevelopment Agency.
<br />floor office
<br />18.000 SF
<br />Sale of a finished lot abutting State Highway 242
<br />Lexus auto sales
<br />and near an interchange by the City of Concord
<br />building
<br />Redevelopment Agency to Hank Torian.
<br />
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