Recent Projects (old)
Corporate Headquarters and Manufactuing Building
A 562,817
square foot office industrial building located at 2452 Emma Oaks Trail, Lake
Mary, Florida. This was the former Leisure Bay Industries World Headquarters and REO property. The property was recently sold and is operating as a multi-tenant industrial property, Innovations at Lake Mary and currently operating at a below market occupancy. The Appraisal problem was to estimate the “As Is” and “Upon Stabilization” values in a down real estate market and analyze the cost to bring to stabilization. |
Proposed NNN Specialty Retail – Tractor Supply Company
This assignment was the appraisal of a proposed 18,800 square foot Tractor Supply Company, a home improvement and agricultural related retail chain to be located in Groveland, Florida. This was a three approach appraisal assignment utilizing the Cost Approach, Sales Comparison Approach and Income Approach to value. |
Roadway Improvement Project - City of Lake Mary
This assignment involved the appraisal of the Skyline Drive extension
linking with Emma Oaks Trail in Lake Mary. The parcel pictured was a Progress
Energy substation located on a 324,500 square foot tract of land with a 37,090
square foot taking resulting in a bifurcated remainder parcel. All nine parcels
were acquired for the appraised value |
Industrial Manufacturing and Corporate Headquarters Building
A 562,817 square foot office industrial building located at 2452 Emma Oaks Trail, Lake Mary, Florida. This was the former Leisure Bay Industries World Headquarters and REO property. The property was recently sold and is operating as a multi-tenant industrial property, Innovations at Lake Mary and currently operating at a below market occupancy. The Appraisal problem was to estimate the “As Is” and “Upon Stabilization” values in a down real estate market and analyze the cost to bring to stabilization. |