Winner of the George L. Schmutz Award
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Appraising car dealerships can be challenging, and successful valuers need to know about current trends in both real estate and in the automotive industry. A Guide to Appraising Automobile Dealerships provides up-to-date information on
Market, site, location, and improvement analyses
Highest and best use and land valuation
Application of the cost, sales comparison, and income capitalization approaches to value
Report writing for auto dealership valuation assignments
Economic trends, locational issues that affect dealerships, and re-imaging projects are also explored in depth. Readers will benefit from the real-life examples, detailed case studies, insights from industry experts, and practical advice provided throughout the book.
A Guide to Appraising Automobile Dealerships will prove useful to commercial real estate appraisers who wish to perform valuation assignments relating to these unique properties and to designers, developers, investors, and operators of auto dealerships.