Sheikh Yerbouti
Senior Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified General Appraiser
- State
- Arizona
I hope I’m not going to regret this assignment. I’m looking for very old, historically significant industrial buildings that sold during or within a few years prior to 1997. My subject is a 5 story brick factory building that is 102 years old. It is a rotting shell, but it’s on the National Register of Historic Places and is a landmark building with a lot of local historical significance. There is potential for adaptive reuse, but the cost would require public sector participation to make redevelopment feasible. I’m looking for sales of comparable buildings that may have had similar potential but were basically shells at the time of sale. My subject is located in the downtown area of a Phoenix suburb, but I would welcome good comps from anywhere in the US. I will of course pay or reciprocate for the right data.
Anyone out there with long memories?
Thanks,
Dave McReynolds
Scottsdale
Anyone out there with long memories?
Thanks,
Dave McReynolds
Scottsdale