Specialty Property

LHL Appraisal Associates, Inc. provides valuation services involving real property that is a part of a larger going concern. It is becoming more common that our clients are asking us to value property where the “real estate” is only one component of a greater total assets of a business or “going concern”. This is an evolving area of valuation which appraisers cannot ignore when analyzing certain property. A “going concern” includes an intangible enhancement of the value of an operating business enterprise which is produced by the assemblage of the land, building, labor, equipment, and marketing operations. In these cases, the real estate component of the total asset of the business are inter-related and inter-dependent. Some examples of properties which include real estate as part of a going concern are listed below: