Improvements Description and Analysis —. 45 i rT ‘ Capital Expenditures Item Year 1 Transformer $10,000 i Exterior stairwell repairs $30,000 Total $40,000 Percent Applied 100% Net Total $40,000 : *Values expressed in United States Dollars \ ADA Compliance Based on our inspection and information provided, we are not aware of any ADA issues. However, we : are not expert in ADA matters, and further study by an appropriately qualified professional would be : recommended to assess ADA compliance. Hazardous Substances : An environmental assessment report was not provided for review and environmental issues are beyond our scope of expertise. No hazardous substances were observed during our inspection of the : improvements; however, we are not qualified to detect such substances. There are three 10,000 : gallon diesel storage tanks and one 10,000 gallon gasoline storage tank located unground at the ; subject site. In addition, there is a marine fueling dock located on the marina. We have assumed there | is no environment damage to the subject property as the result of these fuel stations and unless : otherwise stated, we assume no hazardous conditions exist on or near the subject. Personal Property : No personal property items were observed that would have any material contribution to market . value. . Conclusion of Improvements Analysis ‘ In comparison to other competitive properties in the region, the subject improvements are rated as : follows: : Improvements Ratings : Visibility/Exposure Above Average Design and Appearance Above Average : Age/Condition Above Average : Adaptability of Space to other Retail Users Above Average Bathrooms Average ‘ Parking Ratios Below Average : Distance of Parking to Building Access Average Landscaping Average ; IGY American Yacht Harbor Marina HOUSE_OVERSIGHT_018856