Bruce E. Pickering, MAI
CEO of Pickering Valuation Group, LLC, a professional appraisal firm specializing in the valuation of commercial and industrial properties located primarily in the eastern half of the United States.
APPRAISAL AND COUNSELING EXPERIENCE
Mr. Pickering has over fifty years full-time experience, which includes a broad range of property types and valuation problems. Analyses have been prepared for a variety of clients including large corporations, private individuals, investors, attorneys, assessors, school boards, and various public entities. In addition to estimates of market value, estimates of investment value, assessed value, value in use, rental value, and special-use value have been completed. Following are examples of properties Mr. Pickering has appraised:
Light and heavy industrial including various types of manufacturing plants to over four million square feet in size, plus distribution centers, warehouses, mini-warehouses, personal storage warehouses, and freezer warehouses
Numerous small commercial properties of various types, including single tenant retail, motels, office buildings, headquarter facilities, auto dealerships, central business district land, extended care/medical facilities, and strip and regional mall shopping centers
Various farms have been appraised for their agricultural value and, in certain instances, based on their potential for other uses
Apartment complexes, condominiums, single family homes, large modern mobile home complexes, and single-family subdivisions
Unique Assignments- 164,544 acres of land appraised in north central Ohio for the Wyandotte Indians, claim against the U.S. government, with a valuation date in the middle 1800's. This appraisal also included the entire town of Upper Sandusky, Ohio.
- 3,900 acre "Newfields New Town Project" a “mixed use” design for an entire city based on revised Highest and Best Use assumptions.
- Crew Stadium Columbus, Ohio, first stadium built for soccer in the U.S.
PROFESSIONAL DESIGNATIONS, CERTIFICATIONS & LICENSESAppraisal Institute: MAI #5511 - received 1975
Ohio Division of Real Estate - Certified General Appraiser #380186
Indiana Professional Licensing Agency - Certified General Appraiser #CG69201451
Michigan Department of Commerce - Certified General Appraiser #H649835
Licensed sales person in Ohio 1965 – 2005 #147221
Commercial Investment Real Estate Institute: 1997 - 2001 CCIM # 7812
QUALIFIED AS AN EXPERT WITNESS
In various courts including: Ohio Board of Tax Appeals; Indian Claims Commission, Washington, D.C.; Michigan Tax Tribunal; Franklin County Court of Domestic Relations; Franklin County Board of Revision; Franklin County Court of Common Pleas; Indiana State Board of Tax Commissioners – now Indiana Board of Tax Review; plus other various tax appeal boards and courts outside of Ohio.
FORMAL EDUCATIONBachelor of Science in Agricultural Economics, The Ohio State University 1966
Courses, etc., required for MAI designation, The Appraisal Institute
Courses, etc., required for CCIM designation, Commercial Investment Real Estate Institute
REAL ESTATE EXPERIENCELongtime owner/investor of real estate
The Ohio State University Alumni Association
New Hope Church
MISCELLANEOUS- Past instructor of various courses at O.S.U., Continuing Education Division
- Authored chapter on Market Approach for Ohio Real Estate Appraisal-Instructor's Manual
- Contributed to Appraisal Institute’s “Commercial Data Standards Committee”
- Contributed to Appraisal Institute’s “Industrial Data Standards Committee”
- Former Regional Panel Member, Review and Counseling Committee, Appraisal Institute