At Rabin, we are a family-held industrial auction and real
estate investment company with a focus on the acquisition and sale of
industrial equipment and facilities around the world. We acquire, re-develop and operate industrial
assets in North America, and are experts in the appraisal of real estate as
well as equipment and machinery assets.
In order to list real estate to sell, finance, and obtain
property insurance or to do an investment analysis, a professional appraisal is
done to determine the value. So what steps
are used to appraise property? Accurate
commercial and industrial property appraisals are based on many concepts and require
a more thorough process than is typically done on most residential
property. The following is but a few of
the particulars that are taken into account in a commercial or industrial appraisal.
A seasoned appraiser must consider the highest and best use
of the property, long-term industry trends and fluctuations, and market
competition. Also research needs to be
done to learn if there are any legal restrictions pertaining to the property
such as zoning ordinances and eminent domain, easements or encroachments. Along the same lines an appraisal must
determine if there are any environmental factors connected to the industrial
use that may impact the value down the road.
In addition more traditional factors are compiled such as
comparable sales, replacement costs, location of the property and proximity to
infrastructure such as railroads or highways. An appraisal will also factor in
the value of the property based on the income it produces such as in rental
properties and apartment buildings.
Rabin currently owns and manages 1,625,000+ square feet of
industrial real estate in North America.
The Rabin Management Company (RMC), a private real estate investment and
asset management company based in San Francisco, California, currently owns and
manages 1,000,000+ square feet of office, industrial, multifamily and retail
commercial real estate in the Sacramento, San Francisco Bay area, and Michigan.
Rabin is an international company
that specializes in creating liquidity for complex manufacturing facilities
with idle or marginally productive assets.
Rabin’s operations include selling entire plants, multiple plant
locations, or surplus individual items by auction or liquidation and much more.
Past auctions include names such as Hostess, Braniff Airlines, Montgomery Ward,
and the Railway Express Agency. Please
contact us to discover how we may assist with your asset liquidation process.
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