137-200.03 - Nonresidential Mass Appraisals

137-200.03. Nonresidential Mass Appraisals

The following categories pertain to various forms of appraiser involvement and the hourly values which may be awarded by the Board when evaluating nonresidential mass appraisal experience:

(A) Sole Appraiser

     

Type of Appraisal

  

Hours Assigned

1. Vacant Land

New

2

  

Update

1

2. Rural Agricultural

New

2

(51 acres to 250 acres)

Update

1

3. Rural Agricultural

New

2

(more than 250 acres)

Update

1

4. Multi-Family

New

8

(5-12 units)

Update

4

5. Multi-Family

New

12

(13 or more units)

Update

6

6. Commercial

New

8

(single tenant)

Update

4

7. Commercial

New

16

(multi-tenant)

Update

8

8. Industrial

New

8

(under 20,000 square feet)

Update

4

9. Industrial

New

12

(more than 20,000 square feet)

Update

6

10. Institutional

New

12

  

Update

6

(B) Co-Appraiser.

     

Type of Appraisal

  

Hours Assigned

1. Vacant Land

New

1

  

Update

.50

2. Rural Agricultural

New

1

(51 acres to 250 acres)

Update

.50

3. Rural Agricultural

New

1

(more than 250 acres)

Update

.50

4. Multi-Family

New

4

(5-12 units)

Update

2

5. Multi-Family

New

6

(13 or more units)

Update

3

6. Commercial

New

4

(single tenant)

Update

2

7. Commercial

New

8

(multi-tenant)

Update

4

8. Industrial

New

4

(under 20,000 square feet)

Update

2

9. Industrial

New

6

(more than 20,000 square feet)

Update

3

10. Institutional

New

6

  

Update

3

(Added by State Register Volume 19, Issue No. 6, eff June 23, 1995. Amended by State Register Volume 25, Issue No. 5, Part 2, eff May 25, 2001; State Register Volume 38, Issue No. 6, eff June 27, 2014; State Register Volume 42, Issue No. 05, eff. May 25, 2018.)

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