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Form #773Appraisal of Industrial Real Estate
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APPRAISAL
OF INDUSTRIAL REAL ESTATE
PROPERTY OWNERÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
__________________________________
PROPERTY LOCATIONÂ Â Â Â Â Â Â Â Â Â Â Â Â
__________________________________
This is to certify that I,
______________________________, have personally inspected the above-mentioned
property on ____________________.
I certify that I have no interest in
the property, present or contemplated, and that neither the employment
undertaken, nor the compensation, are contingent on the value reported.
It is my opinion that the fair market
value of the subject property is $____________, as of __________________.
This appraisal is subject to the
contingent and limiting conditions as contained in this report.
SALIENT FACTS
ADDRESS
_____________________________________________________
REPUTED OWNER
_____________________________________________
DATE OF APPRAISAL _____________________
LOT SIZE
________________________________
SQUARE FEET
____________________________
UTILITIES
_____________________________________________________
ZONING
_______________________________________________________
ASSESSMENT Village: $__________; Town:
$___________ (Before exemptions)
TAXES __________
AGE OF PROPERTY ___________ years
(Actual) ______________
REMAINING ECONOMIC LIFE _____________
years _____________
TYPE OF PROPERTY
_________________________________________
HIGHEST AND BEST USE _____________________________________
LAND VALUE __________ $__________
BUILDING AREA __________
COST
APPROACHÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $__________
MARKET
APPROACHÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $__________
INCOME
APPROACHÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $__________
FINAL ESTIMATE OF VALUE
LANDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
            $__________
IMPROVEMENTSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
           $__________
PERSONAL PROPERTYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $__________
TOTALÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
                       $__________
PURPOSE OF APPRAISAL:
The purpose of this appraisal is to
estimate the fair market value of the property affected in fee simple title
CONTINGENT AND LIMITING CONDITIONS:
I assume no responsibility for
matters legal in nature, nor do I render any opinion as to the title, which is
assumed to be marketable. The property is appraised as though under responsible
ownership.
The sketch included in this report is
included to assist the reader in visualizing the property, and I assume no
responsibility for its accuracy. I have made no survey of the property.
Â
I am not required to give testimony
or appear in court because of having made this appraisal, with reference to the
property in question, unless arrangements have been previously made.
The distribution of the total
valuation in this report between land and improvements applies only under the
existing program of utilization. The separate valuations for land and building
must not be used in conjunction with any other appraisal and are invalid if so
used.
I assume there are no hidden or
unapparent conditions of the property, subsoil or structures that would render
it more or less valuable. I assume no responsibility for such conditions or for
engineering that might be required to discover such factors.
Â
Information, estimates, and opinions
furnished to me and contained in this report were obtained from sources
considered reliable and believed to be true and correct. However, no
responsibility for accuracy can be assumed by me.
Â
Contents or copy of this report shall
not be used for any purpose by any but the client without the previous written
consent of the appraiser or of the client; nor shall it be conveyed by any
including the client to the public through advertising, public relations, news,
sales, or other media, without the written consent and approval of the author,
particularly as to valuation conclusions, the identity of the appraiser, or a
firm with which the appraiser is connected, or any reference to any
professional society or institute or any initialed designations conferred on
the appraiser.
Â
 (Append supporting data such as
photographs; description of locale, site improvements, defects; explain
valuation methods used and detail comparables where market value or income
value is used. Also set forth experience and credentials of appraiser.)
Â
Dated: ____________
Â
__________________________________________________
Signature
__________________________________________________
Address
__________________________________________________
Title
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Your use of this site constitutes your acceptance of our terms of use and your agreement
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These forms are provided to assist business owners and others in understanding important
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acceptable in one state may not be enforced the same way under the laws of another
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