Powell Banz Valuation has a team of appraisers with extensive experience and knowledge in appraising a wide variety of existing and proposed “Special Use” properties such as schools and education facilities, churches or places of worship, golf courses and country clubs, fraternal organizations, marina/boating clubs, casinos, publicly zoned properties, parks, landfills, and more.
For these properties, PBV analyzes major factors for the specific property type, such as:
- Condition of buildings and property
- Surplus and/or excess land analysis
- Floodplain and wetlands
- Zoning analysis
- Deferred maintenance
- LEED certification or “green” building features
- Supply and demand
- Proposed and competing projects
- Highest and best use analysis
- Contributory land value
- Cost new and financial feasibility
- Functional and external obsolescence
- Comparable sales
Powell Banz Valuation is available to provide appraisal and valuation services on commercial properties for use by lenders, financial institutions, attorneys, accountants, property owners, government agencies and municipalities, court systems, insurance companies, and more. We skillfully develop appraisals, appraisal reviews, feasibility analyses, highest and best use studies, rent surveys, market studies, and consultation. As needed, PBV will provide expert witness in legal proceedings and litigation, tax assessment analysis, or general consultation.