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100 Acres,Penrose,CO <br /> DESCRIPTIVE SECTION <br /> IDENTIFICATION OF THE PROPERTY <br /> The subject property is vacant land located south of the unincorporated Town of Penrose in eastern <br /> Fremont County. The property lies to the south of Highway 50 along the north bank of the Arkansas <br /> River. There are no structures noted on site. The site is zoned Industrial through Fremont County and <br /> contains a total of approximately 100 Acres as surveyed out of the larger parcel. <br /> LEGAL DESCRIPTION <br /> [The legal description is TBD but will most like be a metes and bounds description of the 100 <br /> acres depicted in the survey plat provided to the appraiser and included in the addenda to this <br /> report] <br /> PREVIOUS SALE AND CURRENT OWNERSHIP OF SUBJECT PROPERTY <br /> According to Fremont County Court House records, the subject property has not recently sold and <br /> ownership is currently in the name of Holcim US Inc. <br /> CURRENT LISTING AND AGREEMENT FOR SALE <br /> To the best of the appraiser's knowledge, the subject is not currently listed for sale through a multi-list <br /> service. The property is under contract for sale between the owner and the client. The contract is for the <br /> amount of$190,000. <br /> 9 <br /> ©2012 Grantham Appraisal Service <br /> All Rights Reserved <br />