Video Insights
These video clips illustrate from a variety of perspectives some of the current
issues in the appraisal and valuation of convenience stores and gas stations. These files are formatted for quick download.
Please click the links below to view.
NEW!
ACCESS DEGRADATION is explored in two new videos: No. 8 and No. 9.
APPRAISAL
VALUATION
1.
Development Process
Kelly Feil, an owner-operator, explains the development process for a new c-store.
From site acquisition and zoning, to oil company branding, and exterior design requirements, this video illustrates
the typical issues involved with a convenience store construction project. (4 min).
VALUATION
Please Click Here to View Video No. 1
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2.
Supply and Demand A new, nationally-branded convenience store with
a construction cost of over $1.5 million closed within the first two years after opening. Why?
Robert Bainbridge explains how supply and demand in the local market can be measured to avoid this critical mistake.
(5 min).
Please Click Here to View Video No. 2
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3. Hypermarket Competition The most devastating competitive development
this decade, this is the story of one operator’s struggle to adjust to hypermarket (big box) competition.
Hypermarkets, such as Walmart and Costco, are changing the way we buy gasoline. Dick Skewis looks for alternative
profit centers in this video entitled, "Massacre". (5 min).
Please Click Here to View Video No. 3
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4. What Should be in an Appraisal of
a C-Store: A Lender’s Perspective John Safstrom is one of nation’s most knowledgeable
c-store lenders. In this video, he outlines the elements that should be included in an appraisal of a convenience
store or gas station. (8 min).
Please Click Here to View Video No. 4
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5. A Business Appraiser’s Perspective
Business appraisals
and real estate appraisals do not always use the same methodology. In this video, Paul Hyde presents a
business appraiser’s perspective on the valuation of convenience stores and gas stations. Mr. Hyde
is an expert business appraiser. (12 min).
Please Click Here to View Video No. 5.
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6. Retail Site Analysis
Amanda Barber,
a Fellow of the Royal Institution of Chartered Surveyors and an expert in the valuation of petrol stations in the United Kingdom,
in this video outlines the important factors to consider in retail site analysis. (5 min).
Please Click Here to View Video No. 6
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7. Below-Cost
Selling What does a traditional c-store operator do when big box retailers are selling gasoline below his cost?
Kelly Feil experienced this situation and in this video he describes his predicament and concern. (2 min).
Please Click Here to View Video No. 7.
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8. Access
Degradation: ROUNDABOUTS
NEW!
Although relatively new in the USA, roundabouts have been used in England for many years. Phillip Plato, a member of
the Royal Institution of Chartered Surveyors in the U.K., explains how a petrol station in Hemel-Hempstead, England closed
as a result of increased traffic volumes and congestion at a roundabout. (2 min).
Please Click Here to View Video No. 8
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9. Access Degradation: RAISED
MEDIANS
NEW! Raised medians are one of the most detrimental
access impairments for gas stations. Sharon Grisham, a gas station manager, describes how a newly-built median caused
the closing of her store in Ontario, Oregon. This video was presented at the 2010 ALI-ABA “Eminent Domain and
Land Value Litigation” conference. (4 min).
Please Click Here to View Video No. 9
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©COPYRIGHT
2004-2015 ROBERT E. BAINBRIDGE All Rights Reserved.