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estate, and the values ascertained by the appraisers, is set
forth below by category:9
Commercial Rental Properties
G-5529 Richfield Rd., Flint (Richfield Rd. Medical Center) $140,000
4501 Hill Rd., Grand Blanc (Victoria Square Shopping Mall) 775,000
6070 Fenton Rd., Flint (Kingsley Square Shopping Center) 600,000
1040 Hill Rd., Grand Blanc (Fenton Hill Center) 525,000
1030 Hill Rd., Grand Blanc (Ponderosa) 515,000
11325 S. Saginaw St., Grand Blanc (Burger King) 303,500
11319 S. Saginaw St., Grand Blanc (Gingerbread House) 113,000
5451 S. Saginaw St., Grand Blanc 95,000
5459 S. Saginaw St., Grand Blanc 111,000
5124 E. Hill Rd., Grand Blanc 145,000
6063 Fenton Rd., Flint 310,000
3,632,500
Residential Rental Properties
6642 Kings Pointe, Grand Blanc $175,000
2381 E. Hill Rd., Grand Blanc 154,000
329,000
Vacant Land
S/E 1/4 of section 17, Porter Rd., Grand Blanc $45,000
Holly Rd., Holly Township 190,000
Section 11, Hill Rd.--West of NBD Bank, Grand Blanc 45,000
S/E corner of Reid Rd. & Dort Highway, Grand Blanc 294,000
Section 11, Hill Rd.--East of NBD Bank, Grand Blanc 32,000
Hill Rd., East of Jennings Rd. (Edson Farm), Mundy Township 89,000
Section 29, Baldwin Rd., Grand Blanc 72,000
North Side of Hill Road, East of Genesee Road, Grand Blanc 160,000
927,000
The attributes of these parcels are as follows:
Commercial Rental Properties
Location: G-5529 Richfield Rd., Flint
Site size: 21,760 square feet
Zoning: C-1 (Light commercial)
Occupancy: Dental office referred to as Richfield Rd.
Medical center
Improvements: Dental office
Condition of improvements:Good
Highest and best use: Dental office
9 The parties have stipulated that these values are the
values of some of the parcels of real estate owned by one or more
of the entities, as set forth supra pp. 6-8.
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