The following are brief descriptions of selected work that has been performed by Airport & Aviation Appraisals, Inc. nationwide on:
Colorado Springs Airport, Colorado Springs, Colorado Appraisal of land and buildings to determine market rental rate for a fixed base operation.
St. Louis Regional Airport, Alton, Illinois Appraisal of entire real estate assets of a heavy maintenance / fixed base operations in order to determine market rental rates.
Business Jet Center, Love Field, Dallas, Texas (Wells Fargo Bank) Appraisal of fixed base operationís real estate assets (150,000 sq. ft. Ė 17 Acres) and business enterprise value for Wells Fargo Bank.
Palm Beach Intíl. Airport, Palm Beach, FL (BankBoston) Appraisal, for financing purposes, of an existing and proposed new FBO facility.
Manchester Airport, Manchester, NH (BankBoston/Wiggins Airways) Appraisal, for financing purposes, of a large proposed new FBO facility
Westfield-Barnes Airport, Westfield MA Appraisal of fueling rights and unexpired leasehold interest advantage of multi-hangar FBO facility.
Cape May Airport, Cape May, NJ Appraisal of FBO's leasehold
Lakefront Airport, New Orleans, LA (Orleans Levee Board/MillionAir) Appraisal of leasehold to determine fair market rental rate.
Lakeland Linder Regional Airport, Lakeland, Florida Valued fixed base operation consisting of approximately 7,178 square feet of existing hangar, office and terminal area and a large ramp and tie down area.
Bar Harbor Airport, Trenton, Maine Valuation of fixed base operation consisting of approximately 24,130 square feet of existing hangar, office and terminal area and a large ramp and tie down area.
Groton-New London Airport, Groton, Connecticut (Salem Five Bank) Appraisal of fixed base operationís real estate assets.
Hilton Head Airport, Hilton Head, South Carolina Valuation of business, airside land and improvements occupied by a fixed base operation.
Oakland International Airport, Oakland, California. (Bank of Texas) Appraisal, for financing purposes, of an existing and proposed new FBO facility.
Norwood Airport, Norwood, Massachusetts Appraisal, for financing purposes, of a large FBO facility consisting of contiguous parcels of underlying land with aeronautically related improvements constructed upon them.
Spirit of St. Louis Airport, Chesterfield, Missouri Appraisal of a complex of hangars, offices and shop facility consisting of approximately 5.19 Acres of land and 32,800 square feet of improvements
Bismarck Airport, Bismarck, North Dakota Appraisal of a complex of hangars, terminal and airside land, pieces of equipment and a fuel farm.
Lane Aviation, Columbus, OH Appraisal of Lane Aviation Facility to determine market rental rate upon reversion of the structure to the Columbus Airport Authority.
Columbia Air Services, Lakeland Linder Regional Airport, Lakeland, Florida Appraisal of a fixed base operation consisting of approximately 65,504 square feet of existing hangar, office and terminal area and several large ramp and tie down areas. The FBO was created from merging the existing assets of two existing fixed base operations on the facility.
T.F. Green Airport, Providence, Rhode Island Appraisal of a complex of hangars, terminal and airside land located on T.F. Green Airport, occupied by an FBO, Northstar Aviation.
Qualitron Aero Services, Houston, Texas Valued fixed base operation for financing purposes. Integrated fuel flowage, hangar rentals, maintenance revenues, uplift fees, and all other components relevant to the facility.
Fixed Base Operation, Allentown Airport, Pennsylvania Valued fixed base operation for airport authority. Ascertained impact of fuel flowage, tie-down rentals, hangar rentals, concessions and other income-producing components to develop a value for the facility.
Lycoming Air Service, Williamsport, Pennsylvania Valuation of fixed base operation for estate purposes.
Youngstown Municipal Airport Valued entire airport for City of Youngstown and evaluated potential "privatization" and sale of facility. Retained by Western Reserve Port Authority to negotiate leases and airport use agreements with fixed base operator, all airlines and United States Air Force Reserve.
Atlantic Aviation/DuPont Valuation of leasehold interests in hangar at Greater Wilmington Airport, Wilmington, Delaware.
Reading Regional Airport Valuation of three older open bay hangar facilities to determine Fair Market Rental Rates by fixed base operators.
Summit Aviation Valuation of FBO, heavy maintenance and aircraft leasing operation located at Summit Airpark, Middletown, Delaware. Value included aircraft, real property and going concern value of business. Retained by ownership as a consultant regarding the sale and disposition of 24 T-hangar units at Wilmington-New Castle County Airport.
Austin Aero Appraisal of fixed base operation at Robert Mueller Airport in Austin, Texas for Federal Deposit Insurance Corporation.
Princeton Airport Valuation and feasibility study regarding Princeton Airport and a potential purchase by Montgomery Township of facility and FBO.
Corporate Air, Bradley International Airport, Windsor Locks, CT Appraisal of fixed base operation for financing purposes. Integration of economic components such as fuel flowage, hangar fees, tie downs and rental concessions.
Atlantic Aviation, Wilmington Delaware Review of existing leasehold to determine Fair Market rental rate.
Orleans Levee Board/ Aero Services, Lakefront Airport, New Orleans, La. Review of Leasehold to determine Fair Market rental rate.
Teterboro Airport, Teterboro, New Jersey Valuation of two major hangar facilities to determine potential rental value based on corporate and fixed base operation Highest and Best Use.
Kentucky Flying Service, Bowman Field, Louisville, Kentucky Determination of Market Value of Leased Fee Interest in connection with lease renegotiation.
Long Island Mac Arthur Airport, Islip, New York Determination of Market Rental for underlying site for two fixed base operations. Assignment also involved the estimation of the amount to be paid the airport should the lessee be granted an extension of the underlying ground lease and the airport postpone the reversion of the improvements until the expiration of the new lease.
Atlantic Aviation, Philadelphia International, Philadelphia, Pennsylvania Valuation of Market Rental Rate for airside land and improvements occupied by a fixed base operation.
Columbia Air Services, Groton, Connecticut Valuation of leasehold interest relating to facility held by a fixed base operation.
South Jersey Regional Airport, Lumberton, New Jersey Valuation of entire, privately owned public airport facility which is a participant in AIP Program. Included land improvements and going concern value of fixed base operation for a financial institution.
Rochester Aviation, Rochester, Minnesota Valuation of fixed base operation and air-charter operation for possible acquisition by a purchaser. Assets included real property, aircraft, existing contracts and inventory.
Keystone Aviation, Waterbury Oxford Airport, Waterbury, Connecticut Valuation of fixed base operationís leasehold interest for financial institution.
Midlantic Jet Aviation, Atlantic City International Airport, Atlantic City, New Jersey Valuation of leasehold interest of fixed base operation for financial institution.
Francis S. Gabreski Airport, Westhampton Beach, New York, Valuation of all airside land and improvements along with landside industrial land and improvements to determine market rental rate. Valuation included feasility study and analysis of absorption and likely Highest and Best Use for all airside real estate.
Signature Flight Services Facility, Bradley International Airport, Hartford, Connecticut Valuation of +/- 100,000 sq.ft. corporate hangar/fixed base operation facility to determine value as collateral for financing purposes to a state economic development agency.
Midway Airport, Chicago, Illinois Valuation of a large stand alone corporate aviation facility and a small maintenance hangar to determine market rental rate for land and improvements.
Long Island Jet Centre, MacArthur Islip Airport, Islip, New York Valuation to determine leasehold value of a large multi-bay fixed base operation hangar.
Millionaire/Air One, Brainard Airport, Hartford, Connecticut Valuation of property assets of two fixed base operators as a part of a proposed merger of two FBOs into a single operation.
Muncie Airport, Inc., Muncie, Indiana Consulting assignment relating to utilization and integration of "through the fence" airside property in conjunction with a large fixed base operation.