Memorial Stadium
Stadium and Parking Lot
Property located within the Seattle Center campus, owned and operated by Seattle Public Schools as an athletic stadium and surface parking lot. Market Value of the Fee Simple Estate was estimated using Sale Comparisons, and the costs of demolishing the existing improvements were also considered in the final valuation, under a highest and best use scenario. This appraisal was performed to assist in decisions regarding a potential transaction.
Seattle
Seattle Center
12,000 seat athletic stadium constructed in 1946
Combined site area of 9 acres
For Seattle Public Schools and City of Seattle
Maplewood TLT Lease
Undeveloped Waterfront Parcel
Washington State Common School Trust land, under the management of the Washington State Department of Natural Resources (DNR). The use of this appraisal is to assist the DNR with determining the lease rate for a potential 50-year lease of the parcel to Peninsula Metropolitan Park District of Pierce County.
Pierce County
Located just north of the City of Gig Harbor
36 acre waterfront site
For Washington State Department of Natural Resources
Stavis Creek Phase 1
Wooded Land, Managed by DNR
Three properties owned by the State of Washington and managed by the Department of Natural Resources, appraised for trust allocation related to a potential exchange. These properties have steep, rolling topographies and include merchantable timber. Valuation methodology uses a direct Sale Comparison Approach.
Kitsap County
Three noncontiguous sites totaling 590 acres