exhibit__C_Sales_Data_Sheet_Format.pdf
PDF 89 KB Posted
- Attached to
- Professional Commercial Appraisal Services Request for Quote (RFQ) State and local contract opportunity
- Solicitation number
- 2023-GEN-032
- Issued by
- Lucas County, Ohio
About this file
Exhibit C is a detailed Sales Data Sheet Format document prepared for the Toledo Area Regional Transit Authority (TARTA) as part of their Professional Commercial Appraisal Services Request for Quote (RFQ). The document outlines a comprehensive template for collecting and documenting real estate transaction data, specifically designed to support commercial property appraisal and review services related to the relocation of the Bus Station at the Franklin Park Mall and potential future real estate acquisitions or sales.
The Sales Data Sheet Format requires extensive documentation for each property transaction, including recording data, transaction parties, dates, property dimensions, zoning information, property use, financing details, improvements, utilities, verification sources, and motivational factors. The document mandates a property sketch (not necessarily to scale), photographs, and a copy of the transaction instrument. The format is designed to provide a standardized, thorough approach to capturing all relevant details that could impact property valuation, ensuring a comprehensive and consistent methodology for commercial real estate appraisal services.
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Text version
EXHIBIT C
Sales Data Sheet Format: Include for each transaction:
• Recording data - County, DB and page number;
• Grantor (Lessor);
• Grantee (Lessee);
• Date of transaction;
• Date inspected;
• Dimensions and size;
• Identify excess and/or surplus land;
• Consideration;
• Unit price;
• Type of Instrument;
• Location (by address, brief legal description or physical location description);
• Zoning (including, if applicable, a brief description of impact from land use plan and/or concurrency programs at the time of transaction);
• Present use;
• Highest and Best use at time of transaction;
• Condition of transaction;
• Type of financing, terms, period of repayment, effect on price, (if any);
• Encumbrances, if any, including brief discussion regarding those which limited highest and best use, or affected price;
• Type of improvements - site & building (water/sewage, paving, number of parking space dimensions, units, rooms, age, condition, etc.);
• Various on-site utilities, or distance to available utilities, particularly water and sewer;
• Verification information (explanation of sources);
• Motivation of parties;
• Analysis of pertinent information including cash equivalency consideration;
• Remainder - (Tax ID number is desirable)
• Property sketch. The sketch does not have to be to scale, but should be proportional;
• Reproduction from a tax map, ROW map, or a carefully prepared drawing is acceptable, but must be legible and show (as applicable):
Location in relationship to property boundaries, shape, and approximate size of building improvements;
Location and identification of significant site improvements, e.g. paving, parking spaces, signs, pumps, wells, etc.;
Location, dimensions and user/type identification of any easements, jurisdictional lines and unusual natural or
EXHIBIT C
man-made features affecting price;
Distance and direction of site to locatable geographical features or intersections;
North arrow;
Photographs. Must be representative of the property depicted and must show each major improvement.
Photos must be identified as to date taken, and by whom.
Color photos should be used; however, black and white aerials may show large properties; and, Copy of transaction instrument.
File details come from the government source that posted it. Updated .