Airport & Aviation Appraisals, Inc.

"When the Job Requires a Special Purpose Product"

Experience | Former Military Airports

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The following are brief descriptions of selected work that has been performed by Airport & Aviation Appraisals, Inc. nationwide on:

Rickenbacker Int'l Airport, Columbus, OH — Provided valuation and consulting services to Turner Construction Company with regard to Flying Tigers’ 275,000 sq. ft. air cargo hub and valuation of entire 5,000 acre all cargo/military use airport in aggregate.

Stewart Int'l Airport, Newburgh, NY (DM Airports Int'l) — Appraised entire 2,000 acre air carrier/air cargo/military/industrial airport in aggregate, for potential privatization. Airport property included vacant airside and industrial/commercial land, a new 100,000 sq. ft. airline terminal, cargo buildings, corporate hangars, FBO hangars, auto parking facility, garages, FBO hangars, office buildings, vehicle maintenance structures, airport rolling stock, Crash-Fire-Rescue equipment, 260 acre C-5A/C-130 military leasehold, fuel farm, control tower, aircraft parking ramps and 700,000 square foot industrial park. Assignment also included extensive analysis of lessees' property tax burden after consummation of lease with State of New York.

Reese Airpark, Lubbock, Texas — Appraised entire 1,766 acre /military/industrial airport in aggregate, for potential privatization. Airport property included vacant airside and industrial/commercial land, hangars, auto parking facility, garages, office buildings, vehicle maintenance structures, farm, control tower, aircraft parking ramps and industrial park.

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 rates. Valuation included feasibility study and analysis of absorption and likely Highest and Best Use for all airside real estate.

Pease Air Force Base, Portsmith, New Hampshire — Valuation of all airside land and improvements to determine Highest and Best Use and market rental rate for civilian adaptation of a large military facility.