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Market Value of School Sites
Information from Smithy Braedon/Oncor
April 26, 1997
As part of the school closing assessments, the real estate firm of Smithy Braedon/Oncor performed value assessments of each of the schools to be closed. Those assessments follow here -- but as a Post story reported, they may not be accurate.
| School Name |
Land Area |
Bldg. Sq. Ft. |
Assessed Land Value |
Assessed Improvements Value |
Zoning |
Class |
Highest Use |
Value Per Sq. Ft. |
Market Value |
| Blow ES |
176,126 |
N/E |
$3,156,692 |
$1,600,500 |
R4 |
C |
Community |
N/A |
N/A |
| Douglass JHS |
385,597 |
N/E |
$1,156,791 |
$2,481,209 |
R5A |
C |
Community |
N/A |
N/A |
| Evans JHS |
364,000 |
24,000 |
$2,186,400 |
$3,363,600 |
R5A |
C |
Office |
$30 |
$720,000 |
| Harrison ES |
31,720 |
25,000 |
$1,586,000 |
$399,000 |
R5B |
B |
Office / Residential |
$30 |
$750,000 |
| Hearst ES |
159,995 |
10,500 |
$679,979 |
$837,021 |
R1B |
A |
N/A |
$180 |
$1,890,000 |
| Keene ES |
68,630 |
35,000 |
$514,725 |
$748,726 |
R5A |
B |
Office |
$30 |
$1,050,000 |
| Lewis ES |
47,897 |
45,000 |
$550,816 |
$2,207,025 |
R5B |
B |
Office |
$30 |
$1,350,000 |
| McGogney |
210,748 |
N/E |
$842,992 |
$3,372,008 |
R5A |
C |
Community |
N/A |
N/A |
| McKinley HS |
963,919 |
N/E |
$9,639,280 |
$689,665 |
R4 |
C |
Residential / Community |
N/A |
N/A |
| Nalle ES |
262,000 |
N/E |
$1,179,000 |
$1,321,000 |
R5A |
C |
Community |
N/A |
N/A |
| Patterson ES |
101,281 |
25,000 |
$405,124 |
$2,110,876 |
R2 |
B |
Office |
$30 |
$750,000 |
| Petworth |
44,175 |
30,000 |
$441,750 |
$1,633,250 |
R4 |
B |
Community |
$30 |
$900,000 |
| Richardson |
206,201 |
N/E |
$1,031,005 |
$1,508,995 |
R5A |
C |
Community |
N/A |
N/A |
| Stevens ES |
30,620 |
214,340 |
$23,546,780 |
$199,220 |
C3C |
A |
Office |
$100 |
$21,434,000 |
| Taft JHS |
222,565 |
N/E |
$1,557,955 |
$3,894,032 |
R1B |
C |
Community |
N/A |
N/A |
| Woodridge ES |
114,694 |
N/E |
$688,164 |
$1,420,463 |
R1B |
C |
Residential |
N/A |
N/A |
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