Exhibit_C_-_Appraisal_Summary_3_outparcels.pdf

This appraisal summary document supports an Invitation to Negotiate (ITN) issued by the Collier County Board of County Commissioners Procurement Services Division on behalf of the Bayshore Gateway Triangle Community Redevelopment Agency (BGTCRA) for the disposition and redevelopment of three parcels of CRA-owned real property totaling approximately 17.89 acres located on the east side of Bayshore Drive in Naples, Florida. The three parcels subject to the ITN are identified by Folio Numbers 61840960006, 61840880102, and 53401680005. Proposers are required to submit development proposals that clearly identify their preferred method of conveyance, which may include fee simple purchase, ground lease, phased conveyance, or hybrid structures, along with supporting rationale and alignment with the proposed development program. The parcels are currently zoned MPUD (Mixed-Use Planned Unit Development) and contain no existing structures or improvements requiring renovation.

The appraisal summary provides three independent valuations for each parcel. Folio 61840960006 (1.95 acres) is valued at an average of $3,065,000 with a land value of $36.01 per square foot and includes a small chain link fence. Folio 61840880102 (3.71 acres) is valued at an average of $4,445,000 with a land value of $27.49 per square foot and features a gate and gravel road. Folio 53401680005 (0.62 acres) is valued at an average of $1,045,000 with a land value of $38.50 per square foot and is enclosed with a perimeter chain link fence. The total combined appraised value across all three parcels is approximately $8,555,000. Project information in the ITN is noted as preliminary in nature, with more definitive and detailed information to be developed during the negotiation phase.