Outdoor Advertising Sign / Billboard Appraisals

 

Signs, especially those that display advertising to the public (off-premise), can be quite valuable depending on their size and location.  In fact, many government and utility companies who condemn properties are now offering to relocate signs rather than pay for the loss of the income stream from them that is caused by their removal.

 

Billboards signs in Nevada often have 2 to 4 "faces" and each face can generate thousands of dollars each month depending on its location, facing direction and traffic count.

 

Some signs cannot, however, be replaced . . or the location of a replacement sign may cause a significant loss to the owner.  It is important to have an outdoor advertising sign / billboard appraisal completed by a qualified and experienced appraiser when takings of this type occur.

 

Outdoor advertising signs at times take up only 100 square feet or less of land area yet each of the billboards can generate tens of thousands of dollars each month.  Thus, the taking of billboard sites can have a significant impact on its owner.

 

Outdoor Advertising Sign / Billboard appraisal is a specialized area within the appraisal profession.  Very few appraisers have had experience appraising outdoor advertising signs / billboards.  Horizon Village Realty & Appraisal has worked for both client sign owners and the government in this specialized area.  

 

Contact us with your questions or concerns regarding outdoor advertising sign / billboard appraisal assignments in Nevada at 1-702-568-6699 or by e-mail at grigdon@cox.net

 


                                                     



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Commercial Real Estate Appraisals in the Las Vegas & Henderson, Nevada Area.