City Church
Multi-Parcel Church Campus
Multi-parcel campus located in a residential neighborhood. Several connected buildings including a chapel, classrooms, dining, kitchen and laundry rooms, office space, dormitories, library, and a gymnasium with a swimming pool. The market analysis, sale comparisons and detailed Cost Approach are central to the valuation.
Issaquah
Former College Campus
206,000 sf GBA
42-acre site includes three parcels
of excess land
Pending purchase by leaseholder
Temple Beth Am
Recently Expanded Religious Facility
Recently expanded building in use as a synagogue with classroom space. We performed two separate appraisals of this property, once prior to and once after completion of the recent renovations, which included extensive demolition and the addition of an 18,648 sf classroom wing.
Seattle
Wedgwood Neighborhood
33,00 sf
2.25-acre site
For Bank of America
Christian Faith Center
Portfolio of Two Large Church Facilities
Existing multi-building church and school facility in unincorporated Snohomish County. Also, a second location in the City of Federal Way which is undergoing extensive renovation. We utilized the Cost Approach and the Sale Comparison Approach to value these properties. Both were appraised As Is, and Federal Way was also appraised At Renovation Completion.
Snohomish County
100,000 sf facility on 16.75-acre site
In Redmond Ridge Business Center
225,000 sf facility upon
completion, on 40-acre site