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Real Estate Analysis09-Sep-93 KALISPELL CITY AIRPORT - NEIGHBORHOOD PLAN REAL ESTATE ANALYSIS FOR: CITY OF KALISPELL DATE: May 27, 1993 TRACT GEO CODE OWNER SIZE VALUE IMPORVEMENTS NOTES or PIN Land/AC Land Improvement Type Class Size/SF 1 3966-20-2-08-01 CITY OF KSP 23.05 0 851 41300 HANGAR D 2754 Mountain West Helicopters 1010 1004058 27500 HANGAR D 2816 Bill Simmons 1022 53500 HANGAR D 5824 Jay Bilimeyer 1037 63800 HANGAR S 4800 Eagle Aviation 1038 13700 HANGAR D 1760 Potts & Heckel _ 5B&BB 3966-20-3-03-01 Doug Miller 5.07 17975 16 1100 BDY.SHO D 75W Stan's Body Shop 5HA 3966-20-3-03-03 R&R Devel.Co 5.21 19025 Unimproved 5CEB 3966-20-3-03-05 5H,SJ (3) Parcels Elmer Sieler 13.51 39775 79225 S.F.Res. 1032 Residence 2,FC 3966-20-3-01-36 Robert Monk 10.9 92650 Unimproved 2AD 3966-20-3-01-01 Robert Monk 0.37 6925 Unimproved 2AC, 3966-20-3-01-03 McGlenn/Monk 1.44 34090 Unimproved 2ACA/ 3966-20-3-01-02 Wiggin & 2K (2) Parcels Togerson 1.44 34090 494400 OFFICE D 12694 State Offices/Lease 2C,7AAC 3966-20-3-01-15 Clark Haley 2.48 37200 Unimproved 7CD (3) Parcesl ° 2E 3966-20-3-01-40 Wm. Russell 0.81 23114 14400 Unimproved 2D 3966-20-3-01-43 Torgerson&Paullin 1.68 16200 Unimproved 2G 3966-20-3-01-37 Trippet&Stevens 1.67 36261 Unimproved 7,AAB/ 3966-20-3-01-22 Hines,Piymouth 1.19 64033 61600 SHOP S 7000 7CC (2) Parcels 7AAD 3966-20-3-01-20 Clark Haley 0.36 360 Unimp.°non-buildabletracr 7CE6 3966-20-3-01-31 Victoria Burton 0.32 25727 183900 Mixed D 7338 Retail/Warehouse/Hangar 7CEA 3966-20-3-01-33 Gr.NorthemRR 0.34 14924 33400 Bldg. D 3072 7CF 3966-20-3-01-34 NO.PacificRR 1.29 56192 Unimproved 7GC 3966-20-3-01-35 BN Timberiand 4.57 88628 Unimproved 2A 3966-20-2-08-05 City of Kalispell 23.31 64275 Airpot&Ball Fields 3AB 3966-20-2-08-03 L. Stockhiil 1 37227 236000 Mixed D 22651 Hangar,Shop,Office 6D 3966-20-3-04-01 Doug Wise 20 13415 251311 RES.GAR D 2348 Residence & Garage 2F 3966-20-3-02-01 McGlenn&Togerson 4.67 24010 26800 Shop D 3200 2FA 3 20-3-02-02 L.Schiegel 2.33 16990 40900 Shop/Add D 3360 Shop & Addition 2JA 3966-20-3-02-03 Hugh Louden 1 13000 32800 Shop/Whs D 2400 2J 3966-20-3-02-05 Michael Bella 1.16 13480 Unimproved 2JB 3966-20-3-02-07 Michael Bella 1.01 13030 Unimproved 2B,7CB 3966-20-3-01-60 BN Timberlands Inc. 8.36 35080 Unimproved 2L,7AA 3966-20-3-01-10 JohnR.Dittrnan/Monk 8.64 79220 Unimproved-Ag.Est. 3 3966-20-3-04-09 City of Kalispell 27 91000 AGRI.EST 90,547 Sub -Total 174.18 $2,011,954 $1,820,636 (Total Sq.Ft.) 7,587,281 Page 2 to 05 CIP 7, -<' - )A X I VJ AY --->- -F- - lqi h ) ('S r S I CITY -OWNED PROPERTIES Refer To Map For Parcel Identification Numbers PARCEL DESCRIPTION USE SIZE LEASEHOLDERS 1 12BA R&JVVRECK|NG NONE 2 SG R&JVVRECh]NG NONE 3 2B.PORTIONS DF2A.3A.&1 AIRPORT LANDING FIELD NONE 4 3.PORTION OF3A SEWER TREATMENT PLANT 26.2ACREG NONE 5 PORTION OF3A SOCCER FIELDS NONE 8 PORTIONS OF3A.1 EAGLE AVIATION, HANGARS, T|EDDVVNS MULTIPLE 7 C[)8#11B2O COURTYARD APARTMENTS 1.14ACRES NONE 8 8Y VACANT 8.23ACREG NONE 9 SHOP ADDITION CITY SHOPS 5.0ACRE8 NONE 10 TRACT2 CITY WELL SITE 0.51ACFlEG NONE 11 PARCEL 2.COS # HAVENBALLF|ELDG 4.1ACRES NONE 12 PARCEL8.COG# OALEYBALLF|ELOG 12.537AC. NONE 16 Tee Hangars with six aircraft spaces per hangar except for T2 and T7, which have three each, and T15 which has 2 (13 x 6 = 78 + 6 = 84 + 2 = 86 potential aircraft spaces) 56 Bay Hangars with 3 aircraft spaces per hangar (56 x 3 = 168 potential aircraft spaces) Bay Hangars have only one door, where Tee Hangars have two doors, thereby creating a smaller taxiway for Bay Hangar spaces than Tee Hangars LEASEHOLDER COST PER SQ. FT. ANNUAL PAYMENT EXPIRATION DATE USE BI LLMAYER $0.07 $611.52 10/01 /04 HANGARS NOYES $0.05 217.80* 07/01104 HANGAR POTTS & HECKLE $0.07 210 04/15/06 HANGAR GARDNER/EAGLE $0.07 504** 12/30/06 FBO GARDNER $0.10 600 Month -to -month TRAILER STORAGE MTN WEST/THOMAS $0.1575 425 01/01/08 STORAGE EAGLE AVIATION $0.10 126 12/30/06 FUEL TANK SITE YOUTH SOCCER n/a 20 n/a SOCCER FIELDS *Paving credit pays this lease through 1996; partial payment of $163.35 due for 1997. The $217.80 annual lease payment will be due 1/198 and throughout the balance of the lease. **Paving credit reduces annual lease payment in half through 2002; partial payment of $429.83 due for 2003. The $504.00 annual lease payment will be due 1/1/04 and throughout the balance of the lease.