802 N. Providence Rd., Columbia, MO 65203 (573) 442-5214 /(800) 766-2841 mals@midamland.com  
 
 
  

 

property appraisals
real estate
sales
farm loans
eminent domain & litigation


Contact us by phone:

(573) 442-5214
(800) 766-2841

or email

 

 
Appraisals

agricultural         commercial         eminent domain         residential

 

Agricultural Properties

Mid America Land Services, Inc. has four state certified general real estate appraisers with over 100 years combined experience in preparing agriculture appraisals. We appraise grain farms, timber tracts, pastureland, combination farms, specialized facilities such as hog and poultry confinement operations, grain elevators and packing plants. We also have experience in recreational tracts including hunting clubs. Two appraisers are “Yellow Book” qualified and can prepare “conservation easement” appraisals for IRS purposes. We prepare appraisals for clients throughout Missouri and southern Iowa for the following purposes: loans, sale, estates, IRS, conservation casements, divorce proceedings, etc.In preparation of an agriculture appraisal, the appraiser typically performs the following tasks:

  • Assemble and analyze all relevant information on the subject property
  • Inspect the subject property – interior and exterior
  • Assemble and analyze pertinent area, neighborhood social and economic data
  • Identify and analyze comparable property transactions. This data has been confirmed with the buyer, seller, another appraiser, or agent handling transaction
  • Reconcile the above research data to form an opinion of market value for the subject property

The appraisal report will normally include:

  • A description of the land and building improvement being appraised will include detailed analysis of subject soil types, productivity and uses
  • A sales history of the subject property
  • A summary of property trends in the local market including identification of current and projected competition and a forecast of effective demand
  • Highest and best use analysis
  • Consideration of the three traditional approaches to value (Direct Sales Comparison Approach, Income Capitalization Approach, and Cost Approach), when applicable, including complete analysis of the comparable sales, soils and income producing capability
  • A discussion of the appraisal procedures and methodology, reasoning and judgment employed in arriving at an opinion of value for the property
  • Appropriate photographs, maps, graphics and addendum/exhibits

return to top

Commercial Appraisal

Mid America Land Services, Inc. has four state certified general real estate appraisers with over 100 years combined experience in preparing commercial appraisals. We appraise warehouses, strip malls, motels, restaurants, free-standing buildings, grocery stores, office buildings, apartment complexes, manufacturing plants, etc. We also have experience in “special use” properties. We prepare appraisals for the following purposes: loans, estate, tax appeals, sale, and others.In preparation of a commercial appraisal, the appraiser typically performs the following tasks:

  • Assemble and analyze all relevant information on the subject property
  • Inspect the subject property – interior and exterior
  • Assemble and analyze pertinent area, neighborhood social and economic data
  • Identify and analyze comparable property transactions. This data has been confirmed with the buyer, seller, another appraiser, or agent handling transaction
  • Reconcile the above research data to form an opinion of market value for the subject property

The appraisal report will normally include:

  • A description of the land and building improvements being appraised
  • A sales history of the subject property
  • A summary of property trends in the local market, including identification of current and projected competition and a forecast of effective demand
  • Highest and best use analysis
  • Consideration of the three traditional approaches to value (Direct Sales Comparison Approach, Income Capitalization Approach, and Cost Approach), when applicable
  • A discussion of the appraisal procedures and methodology, reasoning and judgment employed in arriving at an opinion of value for the property
  • Appropriate photographs, maps, graphics and addendum/exhibits

return to top

Eminent Domain

Mid America Land Services, Inc. and affiliate, John Martin Appraisal, offer appraisal services for eminent domain proceedings. These two state certified general real estate appraisers have gained nearly 60 years of experience while preparing and reviewing hundreds of right-of-way cases, both for and against Missouri Department of Transportation. The types of appraisals prepared/reviewed include dwellings, bareland, commercial properties and farms. We are experienced with preparing the various types of right-of-way appraisal formats for partial or total acquisition cases.In preparation of an eminent domain appraisal, the appraiser typically performs the following tasks:

  • Assemble and analyze all relevant information on the subject property
  • Inspect the subject property – interior and exterior
  • Assemble and analyze pertinent area, neighborhood social and economic data
  • Identify and analyze comparable property transactions. This data has been confirmed with the buyer, seller, another appraiser, or agent handling transaction
  • Reconcile the above research data to form an opinion of market value for the subject property immediately before acquisition
  • Analyze effects of acquisition
  • Reconcile research data to form an opinion of market value immediately after acquisition
  • Outline (allocate) just compensation

The appraisal report will normally include:

  • A description of the land and building improvements being appraised will include detailed analysis of the subject “before” and “after” acquisition
  • Consideration of the three traditional approaches to value (Direct Sales Comparison Approach, Income Capitalization Approach, and Cost Approach), when applicable, including complete analysis of the comparable sales, soils and income producing capability “before” and “after’ acquisition
  • A discussion of the appraisal procedures and methodology, reasoning and judgment employed in arriving at an opinion of value for the property
  • Allocation of just compensation
  • Appropriate photographs, maps, graphics and addendum/exhibits

return to top

 

Residential Appraisal

Residential appraisals are not typically available through Mid America Land Services, Inc.  Please contact us for more information.

return to top

  
 

Ellis Benus Web Design in Columbia