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MIXED USE DEVELOPMENT APPRAISAL
Mixed Use Developments have typically consisted of older
downtown properties, with areas dedicated to a variety of uses, sometimes
without professional planning. These properties in many cases evolved from the
expansion of an area as growth dictated, with little forethought.
One of the most recent trends in suburban real estate is
that of a Professionally Planned Mixed Use Development. While this is a revival
of sorts from the small town clusters of various types of downtown office,
retail and residential properties, todays mixed use property is very different.
It has spawned out of the need to reduce travel while offering more convenience
to those of us who live, work and shop in heavily populated areas. These well
planned properties offer a variety of complimentary services and uses with the
proper infrastructure including sidewalks, parking and green area, not found in
many less planned developments. We find that many of todays mixed use
properties are high profile properties involving offices, retail stores,
restaurants and bars, along with high end residential apartments. Such a
combination makes for a pedestrian friendly community and permits many
residents to enjoy a lifestyle free of commutes and associated transportation
costs.
Whether a Mixed Use property is of the older and more
traditional type, or a newer professionally planned community, our firm is
qualified to appraise it. We offer service throughout the country and are
capable of offering appraisals on existing or prebuilt properties from plans
and specification. We also offer subdivision appraisals in cases where Planned
Use Development land is offered to builders and investors for construction
separate and apart from that of the land developer.
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