Assignments of Note
Cornhusker Army Ammunition Plant in Grand Island, NE
The assignment included eight parcels of land containing 779.091 acres and 54.846 acres of railroad permanent easements located in the eastern and central portion of the Cornhusker Army Ammunition Plant. Approximately 355.0 acres of the land within the eight parcels was leased for agricultural production, with the balance in building sites, ditches, roads and rail right-of-way. The building improvements consisted of 199,676 square feet of primarily tile structures on concrete foundations and frames with wood roof structures and decking covered by composition shingles or transit. Within the past 15 years, 16,080 square feet were added, giving a total of 215,756 square feet.
The balance of the appraised property consisted of 54,846 acres of railroad permanent easement for existing track, as legally described, including in-place ownership of the railroad ballast, ties and rail. Also, a Permanent Well Access Easement was valued. the easement was 0.748 acres in size and was retained by the government. There were 160,183 linear feet of track. The roadbed was generally covered by white gravel ballast with older ties and use 80 to 90 pound rails of early 1900's vintage. The assignment was completed on time in less than 90 days.
KCG, Inc. Portfolio
The assignment included the valuation of 21 office/warehouse facilities in 10 states including Arizona, Florida, California, Kansas, Missouri, Iowa, Nebraska, Ohio, Maryland and Texas. The assignment was completed on time in less than 30 days.
The Founders McGee Street Development
The Founders McGee Street Development is a proposed mixed-use development to be located in Mid-town Kansas City, Missouri. The subject property was part of Phase I of a larger proposed development and was generally bounded by 29th Street on the north, Gillham Road on the east, 30th Street on the south, and Oak Street on the west. The subject property was to include condominium units, townhouse units and a large amount of leased commercial space. The development was to include a drive-through bank facility, an athletic facility and accessory parking and streetscape areas. All told, the project was to include the construction of four new buildings and the renovation of the existing Greenlease Cadillac building. The assignment was completed on time in less than 30 days.
Embassies of Christ Kingdom Ministries
The assignment included the valuation of a proposed religious facility, six commercial buildings, five single-family residences and vacant land in Gary, Calumet Township, Lake County, Indiana. One of the single-family residences was located in Merrillville, IN. The proposed religious facility was planned to contain 50,400 square feet and a seating capacity for 1,500 people. The six commercial buildings ranged from 2,847 square feet to 18,264 square feet. The assignment was completed on time in less than 30 days.
The Hampton Farms
The assignment involved the valuation of farming and recreational land in Arkansas and Jefferson Counties in Arkansas. The subject land contained 4,381.06 acres: 3,697.67 acres of agricultural farmland in the southern District of Arkansas County, Arkansas; 243.39 acres in the Northern District of Arkansas County, Arkansas; and 440.0 acres in Jefferson County, Arkansas. There were approximately 1,826.8 acres of open land in the Southern District and 117.7 acres open land in the Northern District. There were approximately 55.0 acres of reservoir land and 70.7 acres of timber and lake land in the Northern District, and 1,045 acres of reservoir land and 826.3 acres of timber and lake land in the Southern District. Kaney Bayou terminates at a reservoir on the land in the Southern District. The entire 440.0 acres of land in Jefferson County was composed of timber and brushy land, with Beaver Dam Slough and Bayou Meto cutting the north central and southwest portion of the land. The assignment was completed on time in less than 45 days.
Independence Regional Hospital and Adjoining Properties
The subject properties consisted of the Independence Regional Hospital and adjoining properties. The overall land for the hospital and adjoining properties consisted of 840,554 square feet or 19.30 +/- acres. The improvements consisted of the existing hospital building, the adjoining medical office building, seven residential homes and 237,156 square feet or 5.44 acres +/- of vacant residential land. The assignment was completed on time in 90 days.
Medical Center of Independence Hospital and Adjoining Properties
The subject properties consisted of the existing Medical Center of Independence Hospital facility, and adjoining medical office building, a former out patient surgical facility, two smaller office buildings, two tracts of land improved with homes, a tract improved with a home and two duplexes and 34.42 acres of vacant land. The overall land area for the properties was 2,180,154 square feet or 50.05 acres +/-. The assignment was completed on time in 90 days.
Full Counsel Christian Fellowship Facilities
The subject of this assignment consists of 36 properties in three counties in Arkansas. The subject included vacant land, single family homes, religious facilities and other improvements associated with the operation of the religious organization. The assignment was completed on time in less than 45 days.