E v a l u a t i o n R e p o r t s & S o f t w a r e
petro-eval.com
???
PetroREPORT is an on-line, evaluation report service exclusively for gas stations and convenience stores. These reports meet the requirements of the FDIC Interagency Guidelines for Appraisals and Evaluations.
For assistance, or to order a Property Evaluation Report, e-mail:
3 Easy Steps
Click Here for a Printable Brochure and PDF of these Instructions.
Step 1
Download the Property & Operations Survey. This is a form-fillable PDF. Click here to download the survey form.
Property & Operations Survey
CLICK LINK TO DOWNLOAD A FORM-FILL PDF
Step 2
Email or fax the form to the store operator or owner. Have them return to you:
(a) Completed form,
(b) Digital photographs of the store exterior, fuel service, street, and store interior,
(c) Copy of last property tax statement from assessor’s office.
Your completed Evaluation Report will be e-mailed to you as a PDF within 6 to 72 hours.
"We’ve been very successful so far and your evaluation reports have been a big part of our success."
- Property Tax Appeal, International
Convenience Store Chain
Most appraisers across the nation charge an average of $2,000 to $6,000 for a commercial property appraisal report. An Evaluation Report is a better choice when a full appraisal is not needed.
Evaluation Reports include the estimated value of:
(a) the Real Estate (site, store building, canopy, dispensers,
USTs),
(b) the Equipment (moveable personal property),
(c) and Business Value (intangible assets).
UNDER TYPICAL MANAGEMENT (FEE SIMPLE VALUE)
Your Evaluation Report examines the physical and location characteristics of the store along with the earnings potential and property transaction sale data to develop a credible and sophisticated estimate of value. Values are reported for both:
1. The fee simple market value under typical management as a going concern.
2. Shutdown value (orderly liquidation value).
These reports are 18 to 20 pages.
Economic earnings projections for typical management are made for :
• Gross Sales
• Fuel Gallonage
• Gross Profit
• EBIDTA
• NOI to Real Estate.
Evaluation Reports have been used for:
· Purchase Decisions
· Selling and Marketing Assistance
· Property Tax Appeals
· Eminent Domain Takings
· Mortgage Loans
· Valuation for Financial Reporting
These reports meet the published FDIC Interagency Guidelines for Appraisal and Evaluation Reports for evaluation reports and are a good choice for property value estimates for mortgage lending when State-certified appraisals are not required. Many lenders already use them. You can save literally thousands of dollars.
TO GET STARTED
Click the link above to download a four-page Property & Operations Survey in a form-fill PDF format. After completing the form, e-mail or fax it to us and we will begin your evaluation.
EVALUATION REPORTS CAN USUALLY BE COMPLETED WITHIN 6 TO 72 HOURS.
The $824 report fee is due at the time of delivery. For convenient, secure payment using your debit or credit card, click the “BUY NOW” button below for PayPal® payments. If you do not have a PayPal® account, simply enter as a guest.