Real Estate Appraisal Services

The State of Ohio - Department of Administrative Services (DAS) is soliciting for a real estate appraisal of land located along US 42 at Stevenson Road, Xenia, Ohio. The appraisal work must be completed and the final appraisal report submitted within 30 days of bid acceptance and contract execution. The appraisal should be conducted by an Ohio Certified General Real Estate Appraiser and should include a market value conclusion for each tract, as well as an aggregate per acre value. The appraiser should also consider the highest and best use of the property and may employ hypothetical conditions or extraordinary assumptions as necessary. • The property to be appraised consists of two tracts, totaling approximately 257.82 acres. • The appraisal report should be submitted in PDF format with color photographs and exhibits. • The appraiser should verify recent sales of the property and include a list of comparable sales in the report. • The appraisal should substantiate any quantified adjustments to comparable sales with market data. • The appraiser should provide a detailed qualitative analysis of each sale and its adjustments.