Our Practices
Properties We Have Appraised
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Our Practices

Nicollet Partners provides appraisal and consulting services in the field of real estate. We are committed to providing in-depth market research, quality analysis, and effective communication of the results to our clients.

Our staff has experience ranging from small owner-occupied properties to large multi-tenant institutional properties. Our staff also has significant experience in litigation related matters, including functioning as an expert witness during testimony. Many of our appraisers perform services on complex and/or higher risk assignments such as proposed construction, vacant buildings requiring projections about future market conditions, distressed real estate, and/or special purpose properties with limited marketability.
Scope of Services
Our Services
  • Appraisal
  • Consulting
  • Rent Comparibility Studies
  • Feasibility Studies
  • Competitive Market Analysis
  • Site Selection/Evaluation
  • Partial Interest Valuations
  • Portfolio Valuations
  • Expert Witness Testimony
Who Uses Our Services
  • Property Owners
  • Lenders
  • Attorneys
  • Accountants
  • Developers
  • Companies/Corporations
  • Government Entities
  • Non-profit Entities
Why People Use Our Services
  • Collateral Evaluation
  • Condemnation / Eminent Domain
  • Real Estate Tax Appeals (appropriateness of the AEMV)
  • Estate Planning / Taxation
  • Internal Planning
  • Strategic Asset Planning
  • Divorce
  • Insurable Value
  • Feasability/Market Analysis
  • Work-Outs for Distressed Real Estate
  • Book Valuation for Distressed Real Estate
Our Coverage Area
  • Minneapolis-St. Paul MSA
  • St. Cloud MSA
  • Rochester MSA
  • Duluth-Superior MSA
  • Fargo-Moorhead MSA
In addition to the MSA's listed above, for certain property types our coverage area is expanded to rural areas in Minnesota and the surrounding 5 state region. Furthermore, on occasion our staff will gain the knowledge necessary to competently provide services anywhere in the United States for our clients.
  • Appraisal Data Network (ADN)
  • Multiple Listing Service (MLS)
  • Minnesota Commercial Association of Realtors (MNCAR)
  • CoStar
  • Multiple Brokers at Local Firms
  • Various 3rdParty Publications
Nicollet Partners also has an extensive in-house database of verified data.
Property Types
  • Multi-tenant
  • Single-tenant (leased or owner-occupied)
  • Condominiums
  • Corporate Headquarters
  • Mixed-Use
  • Special Purpose and Other Office Properties
  • Multi-tenant
  • Single-tenant (leased or owner-occupied)
  • Condominiums
  • Manufacturing
  • Distribution (Bulk) Warehouse
  • Office-Warehouse
  • Office-Showroom
  • Land Intensive Uses (outdoor storage)
  • Special Purpose and Other Industrial Properties
  • Auto-Related
  • Banks
  • Childcare Centers
  • Communication Towers
  • Drug Stores
  • Hotels
  • Storage Facilities
  • Medical-Related
  • Parking Lots/Ramps
  • Restaurants
  • Special Purpose and Other Commercial Properties
  • Regional Shopping Centers
  • Community Shopping Centers
  • Neighborhood Strip Centers
  • Department Stores
  • Grocery Stores / Grocery Anchored Centers
  • Single-tenant (leased or owner-occupied)
  • Condominiums
  • Special Purpose and Other Retail Properties
  • Market Rate
  • Affordable (LIHTC, Section 8, Section 42, etc.)
  • Senior Housing (IL, AL, MC and Skilled Nursing)
  • Rent Comparibility Studies (RCS - Section 8)
  • Condominiums
  • Mixed-Use
  • *Fannie, Freddie, HUD, MHFA Approved*
  • Office Use
  • Industial Use
  • Commercial Use
  • Retail Use
  • Multifamily Use
  • Single-familly Residential Use (subdivision)
  • Mixed-Use
  • Public/Recreational Use
  • Churches
  • Schools
  • Governmental Facilities
  • Other Public Properties
  • Golf Courses
  • Health Clubs
  • Resorts
  • Other Recreational Properties