Timothy L. Bishop

Appraisal Log

TIMOTHY L. BISHOP

1 Cormer Court, #103

Timonium, Maryland 21093

Mobile: 443-465-4569 ●

Property

Date/AddressClientRightsDescription

1990 – 1994

N/ABankers Appraisal Corp.Fee SimpleCompleted approximately 50 narrative appraisals of

(Financial Institutions)Leased Feecommercial properties while also consulting for

Foundation Properties, Inc. Assignments were in the Baltimore metropolitan area. Properties included office, retail, industrial, office/warehouse andflex, rental apartments, and residential subdivisions.

Obtained General Certified Appraiser license.

2015

250 West Ostend St.LouAnne Cline & Assoc.Fee Simple 3.2 acre surface parking lot. Used income approach.

Baltimore, Md.(Maryland Transportationsubject toClient added cost approach.

Authority)air rights

restriction

8325 Pulaski Hwy.C. Gordon Gilbert Fee Simple0.40 acre surface parking lot. Used Sales Comparison

Rosedale, Md.Appraising and AdvisingApproach

(Eastern Savings Bank)

8860 Columbia 100Metzbower, Watts, andLeased FeeTwo office condominiums. Used Income Approach.

ParkwayHultingwith sales data provided as a check.

Columbia, Md.(PNC Bank)

14235 Park CenterMetzbower, Watts, and Fee Simple9,670 s.f. owner-occupied office building. Used Income

DriveHultingApproach and Sales Comparison Approach.

Laurel, Md.(Bank of America)

Arundel RecyclingMetzbower, Watts andFee Simple15,900 s.f. owner-occupied industrial building with excess

7517 Connelly Dr.Hultingland. Used Income Approach and Sales Comparison

Hanover, Md.(PNC Bank)Approach

Crestwood MobileDunkin Real Estate Fee Simple13.6 acre property proposed for development with 105 Home Park Advisors, LLC townhomes and 6.4 acre property with two development 7000 blk. Telegraph (DLA Piper, LLP law rights.Valued property retroactively at inception of

Roadfirm)partnership and as of effective date.

Severn, Md.

The Goddard SchoolMetzbower, Watts and Fee Simple11,330 s.f. day care center. Used Cost Approach, Sales

8539 Veterans Hwy.HultingComparison Approach, and Income Approach. Cost

Millersville, Md.(Bank of America)Approach used because building was recently completed.

The Goddard SchoolMetzbower, Watts and Fee Simple8,251 s.f. day care center. Used Sales Comparison

7538 Teague RoadHultingApproach and Income Approach.

Hanover, Md.(Bank of America)

Dolfield TownhousesPage AppraisalFee Simple24 lot townhome subdivision. Developed Current Value 9014 & 9018 (PeoplesBank) and Prospective Future Value upon Completion

Dolfield Road

Owings Mills, Md.

Golden DragonMetzbower, Watts, and Fee Simple9,360 s.f. recently rehabilitated restaurant. Developed Fee

8109 Milford Mill HultingSimple and FFE values. Used Sales Comparison Approach

Road(BB&T Bank)and Income Approach.

Windsor Mill, Md.

The Lodges atLouAnne Cline Assoc.Fee Simple andAppraisal review.

Naylors Mill, (CDA)Leasehold

Phase II

s/s West Naylor Rd.

Salisbury, Md.

13522 Long GreenMetzbower, Watts, and Fee Simple and4,582 retail building with two tenants. One tenant

PikeHultingLeased Feealso leases two gas pumps. Used Sales Comparison

Baldwin, Md.(M&T Bank)Approach and Income Approach.

Olive Tree Metzbower, Watts andLeased Fee7,570 recently rehabilitated restaurant and pad site

RestaurantHultingleased to 2,688 s.f. Popeyes Restaurant. Developed Leased

7005 – 7009 (BB&T Bank)Fee and FFE values. Used Sales Comparison Approach

Ritchie Hwy.and Income Approach.

Glen Burnie, Md.

ParksideMcPhereson & Assoc.Fee SimpleTownhouse subdivision consisting of 101 lots in Phase I

Parkside Blvd.(Eagle Bank)and 190 lots in Phase 2. Six different values were

Jessup, Md.developed including As Is, As Developed, and Prospective

Future Value.

Payne-BluewaterLouAnne Cline & Assoc.Fee SimpleResidential subdivision consisting of 18 well and septic lots

Providence Dr. and(Department of Naturalunder Payne ownership and two parcels under Bluewater

Roheresville Rd.Resources)ownership. Used Sales Comparison Approach.

Roheresville, Md.

Woodfield CommonsLouAnne Cline & Assoc.Fee SimpleAppraisal Review

w/s Woodfield Road(CDA)

Damascus, Md.

Worthington GreenDunkin Real EstateFee Simple8.8 acres of streets and stormwater management facilities

e/s Greenspring Ave.Advisors, LLCfor proposed conveyance to Baltimore County.

Owings Mills, Md.(Worthington Green

Homeowners Assoc.)