I am pleased to announce that, to better serve my clients with interests in commercial real estate in Tennessee, I am expanding my commercial appraisal services as well as my new line of business valuation services into the Tennessee market. I look forward to the new opportunities that lie ahead and am working diligently to insure you receive the … [Read more...]
Excellent News for the Residents of Radcliff, KY
$50 Million Commercial Development Coming to Radcliff, Kentucky Commercial real estate in Radcliff, Kentucky, has suffered enough dramatic setbacks in the recent past. The problem? The local economy in Radcliff, Kentucky, is heavily reliant on support from residents of the nearby military base, Fort Knox. Troop levels, under the Base Realignment … [Read more...]
Are You Ready for Thanksgiving?
Turkey: Check Hickory Chips: Check Tony Chachere's Creole Butter Marinade: Check Wishing all of you a hickory smoked turkey Happy Thanksgiving from Russell Roberts Appraisals, Inc.! … [Read more...]
Russell Roberts, MAI, ASA, Expands Commercial Appraisal and Business Valuation Services to Indiana Market
I am pleased to announce that, to better serve my clients with interests in commercial real estate in Indiana, I am expanding my commercial appraisal services as well as my new line of business valuation services into the Indiana market. I look forward to the new opportunities that lie ahead and am working diligently to insure you receive the … [Read more...]
Kentucky Appraiser Russell Roberts, MAI, Awarded ASA Accreditation
I am pleased to announce that I was recently awarded the Accredited Senior Appraiser (ASA) designation by the American Society of Appraisers. The concentration of my designation is in real estate valuations but I am expanding into business valuations. ASA accreditation is one of the most highly regarded and widely recognized credentials for … [Read more...]
Asset Allocation: Tangibles vs. Intangibles
As a follow up to a previous post, those keeping track of the debate on allocating tangible and intangible assets for the purpose of real estate taxation may find this article interesting. In summary, the article suggests that methods used to allocate the value of the real estate that fail to account for "return on" as well as "return of" capital … [Read more...]
The Obfuscation Method for Valuing Commercial Real Estate
Traditional Methods Typically, appraisers use one or more of three recognized methods to value commercial real estate. These include: The Cost Approach The Sales Comparison Approach, and The Income Approach These methods work well for valuing most types of commercial real estate. On rare occasions, however, only one method seems to be … [Read more...]
Allocating Value: Tangible vs. Intangible Assets
The subject of a recent appraisal required me to form an opinion of the market value of the going concern of a business enterprise. As it turns out, the value of the business was significantly higher than the value of the underlying real estate asset. Most of the difference was attributable to intangible assets of the business enterprise (supplier … [Read more...]
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