Lake Cushman Lease Appraisal Services

The City of Tacoma is seeking a Washington‑state‑licensed real‑estate appraiser with at least five years of experience to produce a comprehensive, USPAP‑compliant appraisal of the Lake Cushman lease area (≈ 2,400 acres, 3,089 residential lots). The scope includes a full market‑value appraisal report, draft and final reports, NPV calculations for the current lease term and a 14‑year extension, and hypothetical‑condition analyses (raw land and development‑rights scenarios). The contractor must conduct a personal site inspection, deliver the final report within five business days of client review, and may be asked to present findings. • Deliver a written appraisal report adhering to USPAP and Appraisal Institute standards. • Provide FMV of lease premises, FMV annual market rent, and NPV for both current term and a 14‑year extension under three conditions (as‑is, raw land, raw land with development rights). • Conduct on‑site inspection, submit draft for review, finalize within 5 business days, and optionally present results.