Checklist of requirements for a complete and comprehensive industrial appraisal. Checklist of requirements for a complete and comprehensive industrial appraisal. The appraisals should be of the ''as is'' property, and should not presume improvements thereto. Value of cranes and other equipment shall be deleted. Each appraisal shall contain the customary certification, limiting conditions, appraiser's qualifications and an appraisal brief.
Regional data includes the location, accessibility and general economic condition.
Site data includes the property description, zoning, accessibility, parking and available utilities. Building data includes a complete building description with outside dimensions, area, number of floors, type of foundation, if known, structural framing, exterior treatment, interior finishes, ceiling and roof heights, mechanical facilities, electrical facilities and additional features, such as vaults, craneways, elevators, dumbwaiters, scales and the like. The age of the building and quality of maintenance assessments and taxes, and highest and best use information should also be included. Plans, sketches and pictures are helpful, but not required. Each appraisal should consider the three customary approaches to value, as described by Marshall Valuation Service, Boeckh Building Valuation Manual, or an equivalent.