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Articles by May, 2010
Cell Tower Site Appraisals
by Administrator on May 11, 2010 • Property Appraisal • 11210 Views
Cell tower site valuation is complicated by a lack of market data, lease cancellation provisions and the selection of a reasonable capitalization rate.Real estate appraisers can find that their appraisal assignments have become significantly more complicated when a cell tower is located on the property to be appraised. In most instances the owners have leased the site for the cell tower use and they do not own the improvements. This article discusses cell tower site leases and not situations where both the site and the cell tower itself are owned.
Las Vegas Vacant Land 2010
by Administrator on May 22, 2010 • General Appraisal • 2294 Views
Are land foreclosures really pushing values back to the stone age in Las Vegas? Do the Press "statistics" really match up the reality of the market?As a vacant land appraiser I keep reading the news articles and thinking "where is all this cheap land the Press is talking about at $ 190,000 or less per acre in Las Vegas?" If you are reading Mr. Wargo at the Las Vegas Sun, he just spews out what this analyst of that broker says about a specific sale or the averge price per acre of vacant land for whatever quarter he is reporting on.
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Cell Tower Site Appraisals
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