What Is Your Commercial Property Really Worth?

Too often, the government fails to recognize all of the factors that determine the value of commercial property. Not only are you losing a business location through eminent domain, but also loss of the property could have a significant impact on the viability of your business.

There are a number of factors that can impact the value of your business. Some of the factors that may not have been considered in the government's appraisal include:

  • Commuter traffic
  • Visibility to potential customers
  • Accessibility
  • Parking

Obtaining Compensation For The Full Value Of Your Property

Property owners — both residential and commercial — are entitled to receive compensation based on their property's highest and best use, which may or may not be the property's current use. I have taken the only two condemnation appraising classes offered by the North Carolina Appraisal Institute. As a result, I am able to recognize situations where:

  1. The property is not being used for its highest and best use before a taking; and
  2. As a result of a taking, the highest and best use can no longer be achieved.

Meeting these criteria can significantly change the compensation a property owner receives. If you are not receiving compensation for the true value of your property, I can help you obtain an appraisal so you can get the compensation you deserve.

Not All Takings Are Total

In many instances, the government may not be seizing the entire property. They may be taking a portion of your property or taking action on an adjacent property that diminishes the value of your property.

When valuing your commercial property, the government must base offers of compensation on a comparison between the value of the property before and after the taking. If all appropriate factors are not considered — and they often are not — I can help you fight for the full compensation you deserve.

I Help Business Owners With Their Eminent Domain Issues

I am attorney Keenya T. Justice of The Justice Firm, LLC. I have spent my legal career focused exclusively on eminent domain issues. With more than a decade of eminent domain experience, a Masters of Business Administration (MBA) and an undergraduate degree in financing, I have the experience and skills necessary to ensure that your property is properly valued. I will help you secure the full compensation you deserve for your commercial property.

Eminent Domain Attorney Assisting Business Owners In Charlotte And Throughout North Carolina

The Justice Firm, LLC, understands the unique needs of business owners who are facing eminent domain issues. To schedule a free initial consultation, call 704-377-4747 or contact my office online.

The Justice Firm, LLC, works on a contingency fee basis. Our fee is one-third of the ADDITIONAL compensation we earn for you.