We are a professional Commercial Appraisal firm covering Missouri, Illinois, and Iowa. Call Now - 575-769-7779
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Please watch the above video to learn more about our Commercial Appraisal Department. After watching the video please complete the form to the left and one of our Commercial Appraisal Professionals will contact you within a few hours to help answer any questions you may have.
We are always here to help, so give us a call and put us to the test.
We have the knowledge and competency necessary to appraise income-producing properties of all types. Every appraisal project is treated with serious attention to detail and is developed with the most reliable methodology. Our commercial real estate appraiser keeps sale and lease databases up-to-date so that he can utilize the most comparable data to appraise your property. We also stay up-to-date with market trends by being familiar with changes in property use and activity, and by interviewing market participants. Whatever your need for a commercial real estate appraiser, we do our best to make sure it is done right. The result of our special care for your needs and satisfaction is a quality appraisal product that will exceed your expectations. We can help with all your commercial real estate appraisal needs.
Spurgeon Appraisals regularly performs commercial real estate appraisals. At Spurgeon Appraisals, you will receive the personal attention you deserve, every step of the way, from a Certified General commercial real estate appraiser. Contact us today to experience first-hand the accuracy, thorough research, and efficiency of our commercial appraisal services.
Our database of commercial sales is unmatched. We collect sales data from many sources, including: dozens of commercial realtors, multiple listing services, and commercial auction companies. You can be sure that any and all relevant data will be considered in the development of your commercial appraisal.
Why hire Spurgeon Appraisals for your commercial appraisal?
The experts at Spurgeon Appraisals are easy to get ahold of and answer all your questions. We know your time is valuable and we want to make sure all your concerns are addressed quickly. Our quality of service is second to none.
Guaranteed Completion Dates
Because we understand that having accurate information on your commercial property as soon as possible is important to you, we make sure to meet our deadlines.
Certified General in Missouri, Illinois, and Iowa
We have Certified General Appraisers in three states to handle every one of your appraisal needs.
Residential - Commercial - Farm
We are the only commercial real estate appraisal firm you will need to call. We appraise a variety of commercial properties and income-producing properties Missouri, Illinois, and Iowa.
Buying a home or an investment property can be an exciting experience and the decision can impact your life for years to come. Before making your purchase let an unbiased commercial real estate appraiser provide you with an accurate appraisal of market value.
We have performed commercial appraisals for many uses, including:
Click on an icon below for more information about services we offer.
Below is a short list of properties appraised by our commercial real estate appraiser.
•Mobile Home Parks
•Gas Station/Convenience Stores
•Commercial Vacant Land
In developing an appraisal for an income-producing commercial property we frequently employ the use of capitalization rates, rent surveys, discounted cash flows, and relevant market data. Understanding, analyzing, applying, and projecting income and capitalization rates is something we do every day at Spurgeon Appraisals. We have the knowledge and experience necessary to accurately value the return on your commercial real estate.
We are no strangers to challenging projects. Clients often come to us with commercial projects that require a great deal of competence and experience to complete. We don’t shy away from difficult appraisal assignments. No matter your need for a commercial appraisal, we will be happy to discuss solutions we can offer.
Our past customers have had nothing but great things to say about our commercial appraisal services. Visit our testimonial page to read all about our services from our past and present customers.
The process of getting an appraisal has never been easier. Our appraisers are professionals that you can talk to, and they perform quality appraisal work that you can trust. Call now to get a free quote.
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On the remainder of this page, you will find our past newsletters on the topic of commercial appraisals and related topics. Be sure to check this page often for updates, or subscribe to our newsletter for other kinds of helpful articles.
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NEW TAX BREAKS IN OPPORTUNITY ZONES
by Matthew Roberts, Certified General Real-Estate Appraiser
Congress recently passed the Tax Cuts and Jobs Act in late 2017. Part of the reform included the creation of “Qualified Opportunity Zones”. The program is meant to encourage private investment in lower-income areas. Their view is that these areas have struggled the most since the last recession in 2008, and the plan is to bring in new investment and commerce. There are almost 10,000 of these zones nationwide that have been selected by the state governors and approved by the US Treasury. There are some in all 50 states, and many within Missouri, Illinois, and Iowa.
So what is an Opportunity Zone? It’s basically an investment vehicle for investing in business or property located in one of the zones. The incentive to do so comes in the form of tax advantages. The first advantage is that any portion of a gain realized in the sale of an investment that is reinvested into one of these Opportunity Zones is not immediately taxed as a gain but is deferred until as late as 2026. Second, if the new investment is held long term, 5-7 years, 15% of the original gain can be permanently excluded from taxation. And third, if a property is held by an investor in the Opportunity Zone for at least 10 years, any gain on the sale of the investment can be exempt from federal tax.
See the announcement by the U.S. Treasury here:
See the list of Opportunity Zones here:
Because some of these zones are within our appraisal coverage area, we will be keeping a close eye on how these zones are rolled out and how local real estate development responds. And so should you, since there may be new opportunities for many professions!