Medical Examiner Facility

[Terry L. Hart]

I have been tasked with performing an appraisal of a medical examiner facility. It is a specialty built facility for the sole purpose of the business of medical examinations, thus it has body coolers, examination rooms with special equipment, a morgue, specimen analysis rooms, specialize cooling systems, air locks, etc. Has anyone done one of these in your past?

 

[sputnam]

Interesting assignment.

 

[Meandering]

These days it will be hard to find arm's length medical building sales, due to the incorporation of the field, you'll find that most medical buildings are "managed" and owned by companies that are not medical companies or doctors. I would suggest you contact some of these medical building "managers" to ask for comps or anything they might be considring transferring, but definitely to ask them for arm's length rents for similar buildings.

Here is a Michigan company
read through their web page and you'll see what the hints are.

Hughes Management — Hughes Management Group - The Company

hughes-mgmt.com

 

[Terrel L. Shields]

I think I would try to make sure I had a good cost approach

I am working on a gun and archery store. It has an archery range - fairly simple. But the gun range is the highest end one I've ever seen. I mean seriously complex. Sound absorbing walls, baffled ceiling, metal target capture tanks that catch and save all the bullets. For example, they dump the metal when full and sell some $10,000 worth of lead and brass, copper, etc. when full. It cost $469kk 12 years ago.

I have a couple comps, but they are old. It's gonna be a thinking thing.