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NEW FOR 2012! The Second Edition
of Convenience Stores and Retail Fuel Properties: Essential Appraisal Issues includes updated operating metrics from
the most recent State of the Industry reports published by NACS: The Association of Convenience and Fuel Retailing.
New chapters explain the fundamentals of economic theory as applied to convenience retail real estate, eminent domain
issues, and highest and best use decisions for convenience store sites. xxx The new edition
also includes one of the appraisal industry’s first prototypes of a commercial property AVM (Automated Valuation Model).
The AVM design is drawn from the valuation principals covered in the earlier chapters. xxx Using the latest digital technology, links are provided to helpful on-line, resources,
including video instruction, interviews with experts, practical field examples, and worksheets that illustrate and augment
the concepts discussed in the text. xxx FROM THE APPRAISAL INSTITUTE:
xxx The convenience industry is a complex and fascinating retail channel that has responded to the economic challenges
of the last decade by embracing new ideas. The second edition of Convenience Stores and Retail Fuel Properties:
Essential Appraisal Issues will help appraisers of convenience stores keep up with these changes and understand how to value convenience
properties. This new edition demonstrates
market analysis using statistical data and information on important recent developments in the convenience industry, such
as: Newly added chapters discuss:
- the fundamentals of economic
theory as applied to convenience retail real estate
- eminent domain issues
- highest
and best use essentials for convenience store sites
As an added bonus, the book presents a prototype of a working
commercial property automated valuation model. Links to helpful online digital content, including interviews with experts
and practical field examples, are also provided to illustrate the concepts discussed.
xxx The old rules
for appraising convenience stores simply do not apply today. Order this text and learn the new market realities.
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