A Guide To Industrial Property Appraisals
The world of Northeast Florida property appraisals can be in-depth and complex to understand. Focus on industrial property appraisals specifically and things get a bit more complicated. The professionals at Moody Williams Appraisal Group are equipped with over 50 years of experience to guide our clients on the ins and outs of industrial property appraisals. We’ll ensure your investment is extensively researched and ultimately ends up being the right fit for your needs thereby allowing you to secure the collateral needed to move forward with your investment. Let’s talk through the steps we take in securing an impartial industrial property appraisal for our clients.
Using one or more of the three methods of appraising land and improved property, the experts at Moody Williams will determine the best approach to your industrial property appraisal. As industrial properties vary from manufacturing and storage warehouses to outside storage and logistics hubs, appraisal methods can vary.
To begin the analysis process, the appraiser will look at various factors such as the location of the industrial property, the size of the property and the condition it’s in, which considers any renovations as well as the actual age of the improvements. The appraiser will also look at functional elements like utilities, road and rail access for the buildings, percentage of office space, numbers and types of bays or loading docks. Utilizing a substantial database of historical and current industrial property market trends, statistics, facts, and comparable data, Moody Williams Appraisal Group will be able to build a well-researched and unbiased report to accurately reflect the industrial property’s appraisal value. Real estate tax implications, market feasibility, regulatory conditions, investment risks and opportunities, and more are calculated into the appraiser’s reporting to round out a fully detailed and comprehensive industrial property appraisal.
The more detailed and accurate the appraiser’s analysis is, the more streamlined the next steps to securing your industrial property investment. Like a domino effect, a sound industrial appraisal makes it easier for banks and financial institutions to mitigate risk and approve loans for qualifying clients.
Trust the longtime professionals at Moody Williams Appraisal Group in beautiful Jacksonville, Florida to do the heavy lifting on your behalf when it comes to your commercial property appraisal and specifically industrial property appraisals. With five decades of experience in Northeast Florida and a passion for real estate and property appraisals, we are happy to help you get started. We’re available to answer any questions you might have prior or get a jump start on your industrial property appraisal. Give us a call at 904-516-8900 to speak to one of our appraisal experts today.