Agricultural Properties
Quality and reliable appraisals of rural and agricultural properties are essential for land owners and lenders to make informed investment or lending decisions. However, the appraisal of farms and rural properties requires the specific expertise of appraisers who understand the nature of agricultural enterprises and the unique influences impacting rural properties. Missouri Property Appraisal has appraisers with specific qualifications and experience as well as the legal and technical competence to value rural and agricultural properties. We have the expertise to take a close look at the highest and best use of farmland. Many times, the use of the farmland is continued use for farming purposes. In this case, we carefully examine the productivity of the land, among other factors, in estimating the value.
Missouri Property Appraisal has extensive experience in the appraisal of retail properties including neighborhood centers, specialty centers, multi-tenant retail centers and freestanding retail stores. As part of the appraisal process we will develop a market analysis, including information on local market leasing activity, sales data, and investment patterns for particular types of retail properties as well develop and an income approach, with detailed analysis of the credit worthiness of the tenants. In addition to developing an understanding of local market factors, we will gather information on national and regional real estate and investment brokers, active in placing investment dollars interested in retail properties to support our market analysis. Based on our broad experience with retail properties, our firm is very qualified in this area. 
Vacant land is mistakenly believed by many to be the easiest property type to appraise, However, nothing could be farther from the truth. Vacant or unimproved land is essentially a blank slate with any number of uses being possible. The property could be improved with anything from a single family home site to a factory and for any number of uses. Unlike improved property where the highest and best use of the site is often dictated by the improvements, the valuation of vacant land requires that the appraiser consider all physically possible, legally permissible and financially feasible potential uses of the land to determine the that use that would result in the highest value before any attempt at valuation can be made. Consequently, the appraisal of vacant land is actually the most difficult of all the appraisal assignments and requires specialized training and experience. We have the expertise and the efficiency to complete the assignment in a timely and cost-effective manner. It is just one of our many market niches. In addition, we are experienced in the appraisal of subdivisions and developments. We understand the complexities of developing land. 
Our industrial property experience includes distribution warehouses, light-manufacturing, and self-storage facilities. Further, we have experience with complex projects that require unique problem-solving techniques stemming from the special use of the real estate. Such projects include, but are not limited to, automotive dealerships, houses of worship, health club facilities, schools and theaters. 
If you require an appraisal that is suitable for litigation or as forensic evidence, it is in your best interest to find an appraiser who has the ability to provide expert testimony. While most appraisers offer a written opinion of value, if the appraiser is unable to testify to the methodology of their work, your investment could be lost. Missouri Property Appraisal’s Commercial Division can provide you with experienced litigation support experts who can prepare real estate appraisals and testify with clarity and credibility on the real estate issues and situations being litigated. 
