Governmental agencies are playing an ever-increasing role in land acquisition and management. It is not atypical for a State or Federal agency, municipality, local authority or land trust to acquire real property rights. These rights may be in the form of fee simple ownership, but more often these involve the acquisition of partial interests such as leases, utility easements, conservation easements or development rights. These acquisitions may involve single parcels, multiple parcels, or complex issues pertaining to “the larger parcel”. In many cases, these acquisitions are tied to intergovernmental revenue sources and appraisal standards are established by Federal or State agencies.
Although most acquisitions are accomplished voluntarily, governmental action may lead to condemnation via powers of eminent domain. Where an action may lead to condemnation, it is imperative that – in the case of partial acquisitions – an appropriate before and after methodology be employed initially.
Sheehy Associates has developed effective appraisal report templates that conform to the Uniform Standards of Professional Appraisal Practice (USPAP) and the Uniform Appraisal Standards for Federal Land Acquisitions. We are available to advise you regarding land acquisition strategies, to appraise whole or partial real property interests and/or to serve as an experienced expert witness should events advance to the court room. Please consider our services if you are planning any of the following:
- Fee Simple Property Acquisitions
- Right of Way(ROW) Acquisition
- Utility Easements
- Conservation Easements
- Agricultural Conservation Easements
- Land Leases
- Appraisal for Property Tax Appeals
- Issues Related to Revaluation for Property Tax Purposes
- The sale or lease of government buildings or other improvements