Part 8 & 9
A parcel of vacant land measures 1,650 feet by 2,376 feet. If the land is valued at $15,000 per acre, what is the value of the land?
$1,350,000.
Sam owns a parcel of vacant land that measures 1,100 feet wide by 1,980 feet long. The state has condemned the eastern half of the property to widen a road. The state has valued the land at $12,000 per acre and Sam agrees with this valuation. The state has agreed to pay the full value for the land actually taken by the state plus 50% of the market value of the remaining land as compensation for the loss in market value to the remaining land. What is the total compensation Sam will receive from the state?
$450,000.
A parcel of land measures 1,760 feet by 1,584 feet. If this parcel was sold for $8,000 per acre, what is the sale price?
$512,000.
A parcel of land that measures 750 feet by 900 feet would contain how many acres?
15.5 acres.
If one rectangular lot with 1350' of frontage contains 25 acres, how many acres would the lot next to it contain if it has a 900' frontage and is the same width as the first lot?
16.67 acres
A rectangular parcel of land is 990 feet long and contains 12.5 acres. What is the width of this parcel?
550 feet
A lot measures 100 feet wide at the street and 150 feet deep from the street to the back property line. Local zoning standards call for a 30' front setback, 15' side setbacks and a 20' back setback. The footprint of any house built on this lot could occupy a maximum of how many square feet?
7000.