ELLIOTT® has experience in appraising bank buildings, whether
they are free standing branch banks or larger multistory corporate office facilities.
Typically the branch bank buildings are among some of the
more valuable buildings per square foot within their respective market. The
customer convenience and visibility required, place the branch bank roughly in
the same category of a fast food building. Both are generally high quality
buildings, have the best high traffic Commercial locations, and include built
in equipment and drive through windows.
The larger corporate office style building is usually Class
A office space with visibility of signage from major throughways. These properties are usually comparable to
corporate office headquarters for other businesses. These buildings may be high
rise and frequently are in central city locations.
The appraisal of bank buildings requires the professional
expertise of appraisers who have an understanding of how specific locations,
visibility, drive through windows, construction quality and image affects value
in a property.
ELLIOTT® is equipped to appraise bank properties nationwide. We
have professional appraisers available with specific knowledge of financial
institution buildings located throughout the country, vand are capable of
tackling the simplest to the most complex assignments.