Special-Use & Going-Concern Property Appraisals

Do you need more than a conventional real estate appraisal?

Special-use and going-concern properties require more than a traditional real estate appraisal. In many cases, value is not derived solely from the land and improvements, but from a combination of real estate, tangible personal property, and business-related components that work together as an operating enterprise.

RPM-AVS provides appraisal and consulting services for complex commercial properties where multiple asset classes must be identified, analyzed, and clearly reported. These assignments often involve real estate, machinery and equipment, furniture, fixtures and equipment (FF&E), and intangible business interests such as operating systems, permits, goodwill, licensing, contracts, and assembled workforce.

We have experience with a wide range of special-use and going-concern property types, including:

Hotels & resorts
Car washes
Gas stations & convenience stores
Assisted living facilities & nursing homes
Laundromats
Funeral homes
Recreational-use properties
Marinas
Other special-use commercial properties

Our approach is grounded in recognized appraisal methodology and tailored to assignments where proper asset identification and classification are critical. We understand the complexities involved in allocating value among real property, personal property, and intangible assets, and we develop reports that are clear, well-supported, and aligned with the intended use.

These appraisal and consulting services are commonly used for:

Financing & lending support
Litigation & dispute resolution
Estate & gift planning
Transaction advisory
Financial reporting
Purchase price allocation

With experience in both commercial real estate valuation and machinery and equipment appraisal, RPM-AVS is equipped to handle assignments that require a broader analytical scope and a disciplined, well-documented methodology.

Special-use properties may include multiple asset classes, including:

Real estate
Land and site improvements
Buildings and utility infrastructure
Machinery and equipment
Furniture, fixtures and equipment
Vehicles and support assets
Permits, licenses, and contracts
Franchise or flag affiliation
Business-related intangible components
Going-concern considerations
Operating systems and specialty equipment
Other tangible personal property

Examples of Special-Use and Going-Concern Properties

RPM-AVS assists with appraisal assignments involving properties where the real estate, operating assets, equipment, FF&E, and business-related components may need to be separately identified and analyzed.

Hotels &
Resorts

Hotels and resorts may involve land and improvements, guest-room FF&E, restaurant and recreation equipment, reservation systems, franchise affiliation, and operating components tied to a recognized flag or brand.

Gas Stations & Convenience Stores

These properties may combine site and building value with petroleum equipment, fuel systems, retail FF&E, permits, branding, and operating income generated by integrated fuel and store functions.

Car Washes

Car wash assignments may involve specialized wash equipment, tunnel systems, water reclaim systems, site improvements, customer traffic patterns, and business-related operating assets.

Assisted Living Facilities

These assignments may involve land and improvements, resident-care equipment, furnishings, licensing considerations, operating systems, and the economics of an ongoing care-related enterprise.

Laundromats

May involve leasehold or real estate interests, washers and dryers, payment systems, support equipment, and customer-driven business value.

Funeral Homes

May involve specialized preparation and service areas, vehicles, furnishings, equipment, name recognition, and service contracts.

Data Centers

Data center assignments may involve real estate, specialized building systems, backup power infrastructure, cooling equipment, security systems, fiber/connectivity considerations, tenant or operating agreements, and other business-related components.