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Ohio Department of Administrative Services, Office of Real Estate and Planning·Ohio

Real Estate Appraisal Services - US 42, Xenia

Closes 12/29/2025$5k – $20kRequest for Quotation
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Description

The State of Ohio, Department of Administrative Services, is seeking a quote for real estate appraisal services for a property located along US 42 at Stevenson Road, Xenia, Ohio. The property consists of two parcels, M36-0002-0029-0-0017-00 and M36-0002-0029-0-0018-00, with a total area of approximately 257.82 acres. The selected appraiser will be required to provide a substantiated appraisal report, which must conform to the Uniform Standards of Professional Appraisal Practice (USPAP) and include a summary of the property's market value, sales comparison approach, cost approach, and income approach. The appraiser must be an Ohio Certified General Real Estate Appraiser and must complete the appraisal within 30 days of bid acceptance. • The appraisal report must include a certification statement and must be in compliance with USPAP Standard 2-2. • The appraiser must verify all recent sales of the property and include a list of comparable sales that were considered and not included in the final appraisal. • The appraiser must provide a detailed qualitative analysis to substantiate any quantified adjustments to comparable sales. • The appraisal report must be submitted in PDF format with color photographs and exhibits.

Attached files

Key dates

Opened
12/18/2025
Questions due
12/26/2025
Closes
12/29/2025
Duration
30 days

Last updated

Details

Type
Request for Quotation
Industry
Real Estate
NAICS
531320
Solicitation №
SRC0000035944

Budget estimate

$5,000 – $20,000

The budget for this opportunity is likely to be in the range of $5,000 to $20,000, considering the scope of work involves a real estate appraisal for a 257.82-acre property. The actual budget may vary depending on the complexity of the appraisal, the appraiser's qualifications, and the level of detail required in the report. Factors that may influence the budget include the appraiser's experience, the property's location, and the level of competition for the contract.

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