Real Estate Appraisal

Greene County, Ohio, in partnership with the State of Ohio Department of Administrative Services and Central State University, is procuring a real estate appraisal for a 5-acre property portion located at 1685 US 42 East in Xenia, Greene County (Parcel Number M36-0002-0039-1-0034-00). The selected appraiser must be an Ohio Certified General Real Estate Appraiser with MAI professional designation and must personally conduct a physical onsite inspection of the property, documenting the inspection date and extent, and sign the completed report. The appraisal shall develop an opinion of market value for the as-is, fee simple interest of the property, considering highest and best use determinations, and may employ hypothetical conditions or extraordinary assumptions where appropriate and documented. The appraisal report must conform to the Uniform Standards of Professional Appraisal Practice (USPAP) Standard 2-2(a) and follow the federal definition of market value as outlined in 12 CFR Part 323. Deliverables include a comprehensive appraisal report in PDF format with color photographs and exhibits, incorporating a sales comparison approach with verified comparable sales supported by market data or detailed qualitative analysis, and may include cost and income approaches with documented sources. The completed appraisal must be delivered to the Department of Administrative Services Office of Real Estate and Planning at 4200 Surface Road, Columbus, Ohio within 30 days from full execution of the Request for Quote. The proposal due date is February 24, 2026, with the posting date of February 9, 2026.

The procurement documents provided do not specify set-aside designations, disadvantaged enterprise restrictions, or incumbent vendor information applicable to this opportunity. No specific award value or budget range is disclosed in the available contract documents. The appraisal report is subject to review and approval by the Department of Administrative Services Office of Real Estate and Planning, with the appraiser required to provide revisions, corrections, addenda, or additional substantiation as requested by the reviewing agency. The supporting documentation includes auditor data, building photography, and aerial imagery contained in the "Auditor Data and Aerial.pdf" file, which provides visual and data reference materials necessary for appraisers to assess the subject real estate and establish clear property identification and physical characteristics. The appraisal is intended for evaluation of the property's potential sale and will serve the State of Ohio, the Ohio Department of Administrative Services, and Central State University as named clients and intended users.