Appraising Industrial Properties is a comprehensive guide to the valuation of industrial real estate, published by the Appraisal Institute. The book examines the economic, legal, physical, and market factors that influence the value of industrial properties, including warehouses, manufacturing facilities, distribution centers, processing plants, and specialized industrial assets.
The text addresses fundamental appraisal concepts such as use value, investment value, highest and best use analysis, and market valuation techniques, while also exploring issues unique to industrial real estate, including environmental concerns, industrial zoning, eminent domain, taxation, and government incentives. In addition to conventional industrial properties, the book covers specialized facilities such as grain elevators, truck terminals, food-processing plants, steel mills, telecommunications infrastructure, and high-technology manufacturing facilities.
Designed for professional appraisers, real estate analysts, and students of valuation, the book provides practical guidance for analyzing and appraising an increasingly diverse and specialized industrial property sector in a changing global economy.
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