Property details

Optional. These appear on the printed summary.

Property name or address

Completed by

Date

Before you start

Is there still demand for this property's current use, by your organization or anyone else?

Yes — the current use is still needed No — there is no demand for the current use

Stop — this property may be surplus

You answered that there is no demand for this property's current use. This score does not apply. The property needs a different kind of review, such as its value for another use or its salvage value. Please speak with your reviewer before going further.

1. Buyer pool

How many realistic buyers would likely be interested in this property?

Many (10 or more) 1 – Strong Several (7–9) 2 – Good Some (4–6) 3 – Moderate Few (2–3) 4 – Weak Very few (0–1) 5 – Very weak

2. Alternative uses

How easily could the property be used for another purpose?

Many possible uses (5 or more) 1 – Strong Several uses (3–4) 2 – Good Some uses (2) 3 – Moderate Few uses (1) 4 – Weak Almost no realistic uses (0) 5 – Very weak

3. Conversion cost

How much work and expense would likely be required to support a different use? Estimate the cost as a share of what the property is worth.

Very little (under 5% of property value) 1 – Strong Minor (5–15%) 2 – Good Moderate (15–30%) 3 – Moderate Significant (30–50%) 4 – Weak Extensive (over 50%) 5 – Very weak

4. Expected sale period

How long would a sale likely take?

Less than 6 months 1 – Strong 6–12 months 2 – Good 1–2 years 3 – Moderate 2–4 years 4 – Weak More than 4 years 5 – Very weak

Supporting observations (optional)

What did you see or learn that supports your answers? For example: nearby listings, talks with brokers, or past sales. This appears on the printed summary.

Marketability Assessment Summary

Result

Answer all four questions to see the result.

Buyer pool (30%)
Alternative uses (30%)
Conversion cost (20%)
Expected sale period (20%)