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Appraisal of Local Retail Properties

    Date: December 8, 2009   Location: Roanoke, VA
 
  Seminar    
Category  General [Gen]  
Level  Intermediate  
Attendance Hours  7.0  
Current Price  $ 175.00 Member
$ 195.00 Regular
 
  Instructor    
Don R. Scheidt, MAI, SRA  
    
 
  Location    
Name  Roanoke Higher Education Center  
Address  108 N. Jefferson St.  
City  Roanoke  
State  VA  
Zip  24016  
Phone  (540) 767-6000  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  Virginia Commonwealth
Website  www.vccai.org  
Contact Name  Karie Walker  
Email  vaappraisalinstitute@cavtel.net  
Phone  (804) 377-0940  
Fax  (804) 377-0941  
 
  Description    
Appraisers who value unanchored strip shopping centers, neighborhood centers, community centers, and single-tenant retail facilities need to know about percentage rent and rent concessions, expense reimbursement, capitalization and discount rates, GIM analysis, the treatment of vacant space, and errors commonly made in the application of the sales comparison and cost approaches. During this seminar, you will explore sources of data on tenant creditworthiness, typical percentage rates, operating expenses, and parking ratios. You will also learn about specific site and improvement characteristics that impact value and the application of general appraisal methodology to retail properties. The seminar has been updated to include current charts, graphs, and practice problems that deal with the latest issues in the appraisal of local retail properties. The handbook includes current reference sources that can be used in an appraiser’s professional practice to monitor trends on a continuing basis.
 
  Audience    
Real estate appraisers, underwriters, lenders
 
  Equipment    
An HP-19BII, HP-17BII, HP-12C, or equivalent calculator
 
  Disclaimer    
Cancellation Policy
  • Up To 30 days prior to program start date, $25.00 cancellation fee.
  • 10 - 29 days prior to program start date, $50.00 cancellation fee.
  • Less than 10 days prior to program start date, forfeit of payment.
   Transfer Policy
  • Up To 15 days prior to program start date, $5.00 transfer fee.
  • 1 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 1 day prior to program start date, no transfer allowed.
    
ADA COMPLIANCE: If you have a disability and may require some special accommodation, please notify us.This notification should be in writing at least 2 weeks in advance of the class and we will arrange for reasonable accommodations.

Program materials will be picked up at the site.
 
  Additional Information    
PLEASE BE PREPARED TO PAY $5.00 PER DAY TO PARK AT THE ROANOKE HIGHER EDUCATION CENTER. THE PARKING LOT REQUIRES $5.00 CASH IN THE MORNING FOR THE HONOR SYSTEM PARKING. THE PARKING GARAGE REQUIRES $5.00 CASH WHEN YOU EXIT THE GARAGE.

SEMINAR HOURS:
REGISTRATION: 8:00 a.m.

SEMINAR: 8:30 a.m. - 4:30 p.m.

SEMINAR LOCATION:
ROANOKE HIGHER EDUCATION CENTER
108 North Jefferson Street Room 412
Roanoke, VA 24016
(540)767-6000

DIRECTIONS TO ROANOKE HIGHER EDUCATION CENTER:
The Roanoke Higher Education Center (RHEC) is housed in the renovated Norfolk & Western Railroad building at 108 North Jefferson Street, next to the Hotel Roanoke.

From 581 heading South, take Exit 5. Turn right onto Wells Ave. Proceed past the Hotel Roanoke. Cross Jefferson St. Take next left into Jordan Alley to Parking Lot.You can either park in the Honor Lot behind the RHEC or the parking garage just up the ramp.

From 220/581 heading North, take Exit 4E, and immediately turn right onto Williamson Road. Proceed south to Wells Ave., and turn right onto Wells. Cross Jefferson St. Take next left into Jordon Alley to Parking Lot.

HOTEL OPTION #1:
QUALITY INN ROANOKE AIRPORT
6626 Thirlane Rd.
Roanoke, VA 24019
(540) 366-8861
Please ask for the Appraisal Institute room rate. It is $59.99 + tax, and includes WIFI, complimentary breakfast bar and complimentary parking.

DIRECTIONS TO QUALITY INN ROANOKE AIRPORT:
From 581: Head northwest on I-581 N 2.8 mi. Take exit 2S for VA-117 S toward Peters Creek Rd 0.3 mi. Merge onto Peters Creek Rd NW/VA-117 0.2 mi. Turn right at Thirlane Rd NW 0.2 mi

HOTEL OPTION #2:
HOLIDAY INN TANGLEWOOD
4468 Starkey Rd SW
Roanoke, VA 24018
(540) 774-4400
Please ask for the Appraisal Institute room rate. It is $89.00 + tax, and includes WIFI and complimentary parking.

DIRECTIONS TO HOLIDAY INN TANGLEWOOD:
From I-81 North or South, take I-581 South. Exit @ Rt. 419N to Salem. Go 4 lights and turn right on Starkey Road. The hotel is on the right. From 220 take Rt. 419N, go 5 lights and turn right on Starkey Road.

Please call Karie Walker at the chapter office for more details. (804) 377.0940
 

 
 
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