Mixed Use Developments have typically consisted of older downtown properties, with areas dedicated to a variety of uses, sometimes without professional planning. These properties in many cases evolved from the expansion of an area as growth dictated, with little forethought.
One of the most recent trends in suburban real estate is that of a Professionally Planned Mixed Use Development. While this is a revival of sorts from the small town clusters of various types of downtown office, retail and residential properties, todays mixed use property is very different. It has spawned out of the need to reduce travel while offering more convenience to those of us who live, work and shop in heavily populated areas. These well planned properties offer a variety of complimentary services and uses with the proper infrastructure including sidewalks, parking and green area, not found in many less planned developments. We find that many of todays mixed use properties are high profile properties involving offices, retail stores, restaurants and bars, along with high end residential apartments. Such a combination makes for a pedestrian friendly community and permits many residents to enjoy a lifestyle free of commutes and associated transportation costs.
Whether a Mixed Use property is of the older and more traditional type, or a newer professionally planned community, our firm is qualified to appraise it. We offer service throughout the country and are capable of offering appraisals on existing or prebuilt properties from plans and specification. We also offer subdivision appraisals in cases where Planned Use Development land is offered to builders and investors for construction separate and apart from that of the land developer.