Special use facilities take special knowledge to appraise.
Nuclear generators, open pit and shaft mining, underground petrochemical storage, large distribution warehouses, computer data centers, jails and prisons all fall under this category. Our appraisers have extensive experience working with these unique facilities.
Special use facilities pose their own challenges when it comes to valuation. There are rarely any comparable sales, very little income data, and they often have unusual engineering requirements to consider when estimating the cost of the project. Their highest and best use is often limited.
At Capitol Appraisal Group, we have vast experience with all types of special purpose properties and can help you navigate the unusual variables associated with each of them.