Appraisal Matters

Myth #4 – A Gasoline Station Site is the Same as Any Site

So far we’ve debunked valuing the improvements for a gasoline station for many market participants and whether they contribute to market value or investment value. That leaves the land as our topic today. Unlike a typical appraisal site description, gasoline stations warrant their own . . . → Read More: Secrets of Gasoline Station Valuations – Part 2 of 3

So let’s talk about an easy property type – the gasoline station.  Did I say easy?  Allow me to disprove myself.

Myth #1 – Price Per Square Foot of Building

This is probably the oldest myth about gasoline station valuations.  Most appraisals I have seen on this property type take the sale price, divide it by the gross . . . → Read More: Secrets of Gasoline Station Valuations – Part 1 of 3