Dietrick Group, LLC. /valuation services

Real Property Appraisal

..... An appraisal is an opinion of value developed by using a systematic method of procedures and techniques to analyze a specific property within the context of its market area. Upon the identification of the problem to be solved, data regarding pertinent market and property characteristics is collected and analyzed to arrive at an appropriate highest and best use conclusion, which is then used as the basis for valuation. A final value opinion therefore reflects the reconciliation between individual value indications derived by the analyses of recent sales of comparable properties, the current cost of reproducing or replacing a building, and the net earning power that a property can support. At the Dietrick Group, complete analyses and full narrative reports are performed for each assignment, tailored to meet the specific needs of our clients. Self-contained, summary, and restricted-use report formats are available for ultimate flexibility, dependant upon the level of detail needed in the presentation of the information and the extent of required analytical explanation. Property types analyzed by the Dietrick Group include office, retail, industrial, multi-family, vacant land, residential/commercial subdivisions, gas stations, shopping centers, golf courses, etc.

Lease Analysis

.....Either as part of an appraisal assignment or as a stand alone project, we at the Dietrick Group can analyze and advise clients regarding lease provisions that affect the quantity, quality and durability of an investment property's income stream. Through this type of analysis, actual/anticipated lease contracts are used to gauge overall property performance, and ultimate value, under either existing or prevailing rates and terms. And understanding the relationship between a property’s income potential and value is critical in the determination of investor operation and efficiency. When required, discounted cash flow studies are performed using the latest ARGUS® lease-by-lease software.

Market & Feasibility Studies

..... In addition to valuation services, the Dietrick Group collaborates with clients in the preparation of market/feasibility studies and pricing assessments for projects being considered for acquisition, construction and/or disposition. These analyses generally look at the cost-benefit relationship of an economic endeavor to determine overall profitability and the fulfillment of specific investor objectives at current or anticipated market conditions. Also investigated are basic demographics, supply and demand criteria, capture rate derivatives, and related concepts of competition.

Subdivision Analysis

.....The Dietrick Group specializes in all matters regarding land development. Subdivision analyses specifically entail an in-depth knowledge of the market area to forecast appropriate pricing, absorption, unit/lot mix and costs. Cash flows then balance the expenses incurred against the income to be generated to determine a series of net proceeds, which can be discounted into an indication of underlying land value. Discount rate selection is also market specific, locally recognizing both the required return on invested capital and adequate profit to the entrepreneur. As expert counselors, the Dietrick Group can also provide assistance and guidance in related zoning, planning and municipal issues to help our clients secure the necessary development approvals and entitlements for their various residential, commercial and mixed-use projects.

Litigation/Testimony

....The Dietrick Group accepts the challenges afforded by providing litigation support and expert testimony. Our members have appeared before State and Federal courts, government agencies, and arbitration tribunals to professionally defend unbiased value and market conclusions in matters involving tax assessment appeal, eminent domain, condemnation and bankruptcy. Desired outcomes have been achieved with over 90% success.

Advisory Valuation & Consultation Services

..... Implementing our extensive knowledge, experience and analytical skills, in conjunction with many of the methods and procedures outlined above, the Dietrick Group can provide turn-key advisory and consulting services to owners, builders and developers in the areas of site identification and selection, preliminary valuation, feasibility and zoning analyses, and overall project design and marketability. Our practice areas are further augmented by redevelopment issues, Brownfield assessment and reuse, conceptual planning, and highest and best use analyses.