Atlas Valuation Solutions LLC
Comparing Your Facility To Its Current Replacement
Greenfield Plant Analysis
Functional obsolescence in the forms of excess capital costs and excess operating costs are never more clearly highlighted as when a subject property is compared with today’s current replacement property with similar utility. Atlas effectively highlights the respective bottlenecks and operational inefficiencies quite common in older manufacturing facilities and formulates an abnormal obsolescence penalty to be considered within the property assessment process.
Are you curious as to your possible functional obsolescence exposure? Are you interested in the qualification, quantification and present value calculation of your current operational in-efficiencies?
Atlas has designed a “litmus test” program that can estimate your potential exposure. This program is designed to highlight the severity of functional obsolescence issues impacting your current operations. After reviewing the magnitude of our results, you can choose to:
- Ignore pursuing due to minimal impact;
- Employ your tax department to implement the appropriate changes on your property tax returns;
- Employ your current tax consulting service provider to use our exam results as a roadmap to conduct a thorough detailed analysis;
- Contract Atlas to conduct a thorough detailed analysis for presentation, additional support documentation, or litigation purposes.
Contact Atlas to arrange a preliminary test examination highlighting the magnitude of your potential functional obsolescence exposure. This process will not involve any site visits. You will need to provide us with a completed questionnaire Atlas has tailored specifically for your industry, as well as a copy of plant building and equipment layout prints drawn to scale.