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Appraisal: APN 053-182-030, S.E. Corner of Maple & Lathrop Streets, Redwood City, Calif.Page 1 <br />2025CNA112 <br />I. REPORT SUMMARY <br />A. Property Appraised <br />The subject property consists of a single legal parcel containing approximately <br />10,973 gross square feet of land area. The parcel is irregularly shaped with <br />generally level topography. However, there is an approximate 32-foot-wide storm <br />drain easement near the southern end of the subject property that reduces its <br />overall usable area. This easement is improved with a concrete-lined channel <br />access, the usable area of the parcel reduces to about 4,469 square feet, based on a <br />Redwood City. The subject parcel includes approximately 193 feet of frontage <br />along Maple Street and about 165 feet of frontage along Lathrop Street. The <br />subject is unimproved aside from some fencing; it appeared to be supporting a <br />construction staging area on the date of value for the adjacent Elco Yards <br />development to the southeast. <br />B. Property Identifications <br />For ease of reference, the following represents a summary of pertinent property <br />identifications for the subject property. <br />Assessor s Parcel No:053-182-030 <br />General Plan:Mixed Use Corridor <br />Zoning:Mixed Use Corridor El Camino Real <br />Zip Code:94063 <br />Flood Zone:A & X (Shaded) <br />Alquist Priolo Zone:Not located in an Alquist-Priolo Earthquake <br />Special Studies Zone <br />C. Client, Purpose, Intended Use, and Intended User <br />The client for this appraisal is Mr. Patrick Heisinger, Assistant City Manager, <br />City of Redwood City. The purpose of this appraisal is to estimate the current fee <br />simple fair market value of the subject property. <br />8.K. - Page 47 of 105 <br />297