NVI Technical College Information

A DDENDA H

INSURABLE REPLACEMENT COST

Replacement Cost New (RCN) Building Improvements Base Cost

Area (SF)

$/SF

Subtotal

58,109 58,109

$61.00 $3,544,649

Sprinklers Subtotal Multipliers

$2.69

$156,313

$3,700,962

Current Cost Local Area

1.130 1.000 0.843 0.960

Area Multiplier

Story Height

Product of Multipliers Adjusted Base Building Cost

x 0.914

$3,382,679

Less: Insurance Exclusions Total Insurance Exclusion Adjustment

10.00% ($338,268)

Insurable Replacement Cost Rounded to nearest $10,000

$3,044,412 $3,040,000

Source: Marshall Valuation Service Type: Industrial Flex Buildings

Section: 14 Class: S

INSURABLE REPLACEMENT COST

Replacement Cost New (RCN) Building Improvements Base Cost

Area (SF)

$/SF

Subtotal

57,609 57,609

$61.00 $3,514,149

Sprinklers Subtotal Multipliers

$2.69

$154,968

$3,669,117

Current Cost Local Area

1.130 1.000 0.843 1.000

Area Multiplier

Story Height

Product of Multipliers Adjusted Base Building Cost

x 0.953

$3,496,669

Less: Insurance Exclusions Total Insurance Exclusion Adjustment

10.00% ($349,667)

Insurable Replacement Cost Rounded to nearest $10,000

$3,147,002 $3,150,000

Source: Marshall Valuation Service Type: Industrial Flex Buildings

Section: 14 Class: S

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