Category Archives: Uncommon Asset Types
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The World’s Largest Basket: What the Longaberger Building Teaches Us About Appraising One-of-a-Kind Real Estate.
By Federal Appraisal LLC Few commercial properties capture attention quite like the former Longaberger Basket Building in Newark, Ohio. Standing seven stories tall and shaped exactly like the company’s iconic Medium Market Basket, the approximately 180,000-square-foot office building has become one of America’s most recognizable examples of novelty architecture. Today, after years of vacancy, ownership…
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Uncommon Asset Types
Uncommon Asset Types Almost all appraisals are of general commercial real estate or homes, for financing purposes, and for bank clients. As a result, almost all appraisers are trained to do only this one group of assets for this one purpose and one type of client. If you are a different type of client, have any other type of property or business, or have some other purpose for your appraisal, then you need a specialist appraiser. Federal Appraisal specializes in such non-traditional appraisals, for unusual purpose, of the uncommon and rare property and asset types. From utilities to power plants, refineries and special manufacturing facilities, special-built real estate, governments, attorneys, accountants, tax, litigation, and development issues, Federal Appraisal LLC provides specialized valuation expertise.