Estate of Michel Dunia, Deceased, Renee Hawley and Michel Dunia, Jr., Executors and Trustees - Page 22

                                       - 22 -                                         
          III.  Conclusion                                                            
               Because we find that the Jess Ranch sale provides a relevant           
          comparable to the Victorville property, we have focused primarily           
          on the characteristics of the sale of that parcel of land for our           
          analysis.  Based on this comparable sale, we conclude that the              
          value of the Victorville property on the valuation date was                 
          $5,463,666, or $1.35 per square foot.                                       
               To reflect the foregoing and concessions of the parties,               


                                                  Decision will be entered            
                                             under Rule 155.                          

Page:  Previous  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22