Real Estate Appraisal

Real Estate Valuation

McRoberts & Company has valued a variety of properties, including land, investment-grade real estate, and special-purpose properties. Valuation work has included eminent domain, ad valorem market value/equal and uniform, bankruptcy, air rights, subterranean rights, rent studies, setting rent for ground leases, market studies, feasibility studies, and the evaluation of construction defects.

Sample Assignments


High-Voltage power line easements, pipeline (Water, NaturalGas, and Petroleum) easements. Highway right-of-way, street widening, corner clips, and flowage easements.

Taking by Trespass: Market value, before and after pipeline trespass, Grapevine, TX; market value, before and after pipeline trespass, Fort Worth, TX, and a gas compressor trespass, Fort Worth.


Texas Rangers parking lot property, Arlington, TX. Frisco Square, a partially developed mixed-use property, Frisco, TX. The Cascades Residential and Golf Course community, Tyler, TX. Hotel properties in Dallas, Henderson, TX, and Murray, KY.

Air Rights

The market value for the air rights over Hall Street: linking the Jack and Jane Hamilton Heart and Vascular Hospital Baylor Medical Center. A public walkway linking Main and Commerce Streets and three sky bridges in Dallas’ CBD.

Subterranean Rights

The land below Federal Street, which traverses the first floor of the 33-story Harwood Center at 1999 Bryan Street, in downtown Dallas. Victory Park – grade and below-grade access ramp to serve the subterranean area of American Airlines Center.

Parking Rights

1,271-space, $33 million shared parking garage at Victory Park, Dallas. The Tower (City of Fort Worth public parking/resident parking).

Market Study

Analyze and forecast the success of converting the former Bank One office building in downtown Fort Worth to residential condominium units (The Tower) for the owners of Sundance Square, to be known as The Tower. The assignment involved an extensive market study, as the adaptive reuse would be the first high-rise condominium building in Fort Worth. The study included a demand forecast based upon demographic information, competing for housing products, and land-use patterns in Fort Worth. The study also included an analysis of urban high-rise residential buildings in Denver, Dallas, Houston, and Austin.

Market and Feasibility Studies

A study for Pensionenfonds Stork, for a proposed high-rise residential rental property in the Oak Lawn area of Dallas.

Construction Defects

A community center in Texarkana, TX. A special use building in Irving (Las Colinas). The Collin County Coroner & Medical Examiner building.