Sale of Hall's Prairie

Background
The UK College of Agriculture, Department of Forestry and Natural Resources is seeking an appraisal for the UK Farm-Auburn property located in Auburn, Logan County, Kentucky.
The purpose of this appraisal is to estimate the current 'As Is' market value of the property for financing purposes.
The property is an agricultural tract that has not been sold in the last three years and is not currently listed for sale.

Work Details
The appraisal report prepared by Brantley Appraisal Company includes a detailed analysis of the 103-acre agricultural tract located along US 68/80.
The report covers various aspects including property identification, inspection, highest and best use analysis, and valuation methodology.
The current 'As Is' market value of the property is estimated at $740,000 as of August 29, 2023.
Additionally, the report includes maps and photographs of the property, a summary of important facts and conclusions, assessment details, zoning information, and a comprehensive market area analysis.

Period of Performance
The appraisal was completed on September 26, 2023, with an effective date for valuation as August 29, 2023.

Place of Performance
The contract will be performed at the UK Farm-Auburn property located along the north side of US 68/80 near Auburn, Logan County, Kentucky.