About Ray Brannum Appraisal LLC

Thank you for visiting my site. I developed this site to acquaint you with Ray Brannum Appraisal, LLC. 1146 River Ridge Drive, Guntersville, AL 35976. Phone 256 572 1565 email rdb@mindspring.com.

Ray Brannum Appraisal is a one-man operation. I am a Certified General Real Property Appraiser licensed by the State of Alabama with 50 years’ experience appraising manufacturing facilities, shopping center, retail stores, offices, subdivision development, farms and most any type of income producing property.

My license covers the State of Alabama with my primary territory being North Alabama, anything north of Birmingham. Because of an early connection with the Alabama Farm Service Agency, I have done appraisals in almost every county in Alabama. I will be glad to give you a quote on my appraisal fee for any property in Alabama.

My average fee is $1,500 to $2,500 depending on the complexity of the property. I try to keep my turnaround time down to 14 days but occasionally will need more time. All my appraisals are certified and completed according to UAPAP (Uniform Standards of Professional Appraisal Practice).

In doing an appraisal I will consider the three recognized approaches to value. The approaches being the comparable sales approach, replacement cost approach and the income approach. I secure my sales data through CoStar, Crexi and CompStat. All three are national commercial real estate sales organizations. I verify the sales data via public records before using it as a comparable sale. I consult Marshall Swift Commercial Cost manual for current construction cost.

A short list of some of my clients is:

Traditions Bank, Cullman, AL

CB&S Bank, Russellville, AL

First Southern State Bank, Albertville, AL

Liberty Bank, Albertville, AL

State Bank and Trust Winfield, AL

Family Savings Credit Union, Gadsden, AL

Marshall County School Board, Guntersville, Al

BanCorpSouth, Guntersville, AL

Hometown Bank, Oneonta, AL

First Southern State Bank, Scottsboro, AL

First Jackson Bank, Stevenson, AL

First Bank of Alabama, Talladega, AL

If you are interested in talking to one of these banks about financing a commercial property give me a call and I will tell you who to contact at that bank.