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Commercial and Agricultural Appraisals. Milwaukee to Madison.

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Overview

Expert Real Estate Appraisal Services

Appraisals for banks, credit unions, attorneys, trustees and owners in Milwaukee, Walworth, Racine, Kenosha, Rock, Jefferson, Dodge and Dane Counties. Scope and reporting follow USPAP and the intended use of the assignment.

Property Types Appraised

Office

 single‑tenant and multi‑tenant 

Retail

 strip centers, free‑standing retail, mixed‑use retail components 

Industrial / Manufacturing

Industrial / Manufacturing

 warehouse, light industrial, flex, special‑purpose facilities 

Multifamily / Apartments

Multifamily / Apartments

Industrial / Manufacturing

 small to mid‑size buildings 

Mixed‑Use

Multifamily / Apartments

Special‑Use Commercial

 retail/office or retail/residential configurations 

Special‑Use Commercial

Multifamily / Apartments

Special‑Use Commercial

 case‑specific, market‑supported assignments 

Intended Uses

Commercial appraisal services are commonly completed for:

 

  • Bank and credit union financing
  • Estate and trust planning (including date‑of‑death and retrospective valuations)
  • Tax appeal support
  • Purchase, sale, and internal decision‑making
  • Advisory and portfolio analysis

The scope of work is tailored to the intended use and intended user, with clear assumptions and limiting conditions disclosed.

Valuation Approaches

Sales Comparison Approach

 Analysis of comparable sales adjusted for market conditions, location, physical characteristics, and other relevant factors. 

Income Capitalization Approach

 Applicable to income‑producing properties, including direct capitalization and, where appropriate, discounted cash flow analysis. 

Cost Approach

 Used when appropriate, particularly for newer construction or special‑use properties, with land value, replacement cost, and depreciation considerations. 

Copyright © 2026 Hibbard Dammeir and Associates  - All Rights Reserved.

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