Business Details
50+ Years
experience
Your Trusted Commercial Real Estate Appraisal Partner in Wichita, KS
Marten's Appraisal has been a trusted name in commercial real estate valuation since 1948. Our team of four MAI-certified appraisers leads a 12-member staff with an average of 25 years of experience, offering expertise in hotels, medical facilities, office spaces, retail properties, industrial facilities, and unique commercial assets. Based in Wichita, Kansas, we serve clients across the Midwest, with particular focus on Kansas, Missouri, and Oklahoma markets. Our professionals maintain rigorous adherence to USPAP standards while delivering tailored appraisal solutions that balance comprehensive analysis with practical business needs. We prioritize exceptional client service through competitive pricing structures and reliable turnaround times that meet modern transaction demands. Our team's deep market knowledge extends to specialized services including estate planning valuations, eminent domain cases, and portfolio assessments for national chains.We maintain extensive market data resources to support accurate valuations across diverse property types and geographic regions. Our consulting services provide strategic insights through market rental analyses and highest-and-best-use studies that inform real estate investment decisions. The firm's legacy of excellence continues through its commitment to technological innovation while maintaining traditional values of professional integrity. Our appraisers combine technical expertise with practical business acumen to deliver actionable valuation insights that meet both regulatory requirements and client expectations.
Services
Commercial Appraisals
Property Evaluations
Portfolio Valuation
Estate Appraisals
Eminent Domain
Market Rental Analysis
Highest and Best Use
Feasibility Studies
Details
- Year established: 1948
Highlights and features
- Our four MAI-certified appraisers lead a team with 100+ combined years of experience
- Specialized expertise in complex commercial property types including hotels and medical facilities
- Tailored USPAP-compliant appraisal reports for various transaction needs
- Proven track record serving financial institutions and property owners since 1948
- Comprehensive market data resources for accurate multi-market portfolio valuations
Associations and certifications
- Appraisal Institute
Services
Commercial Appraisals
Marten's Appraisal provides comprehensive commercial real estate valuations following USPAP standards. Our MAI-certified appraisers deliver detailed analysis for complex property types including hotels, medical facilities, and industrial properties. Reports are tailored to client needs with appropriate scope and detail level while maintaining regulatory compliance.
Property Evaluations
Our evaluation reports offer cost-effective solutions for transactions not requiring full appraisals. These assessments provide accurate market values with faster turnaround times, ideal for lease/sale price establishment, portfolio monitoring, and partnership dissolutions while maintaining professional standards.
Estate Appraisals
Marten's Appraisal conducts precise valuations for estate planning and tax purposes. Our team works with legal and financial professionals to deliver accurate date-of-death and post-death valuations for both large and small commercial property portfolios across multiple market segments.
Eminent Domain
We provide expert valuation services for eminent domain cases involving complete or partial property takings. Our appraisers with expert witness experience handle right-of-way valuations, easement assessments, and damage studies from initial appraisal through legal testimony.
Market Rental Analysis
Our market rental analyses deliver comprehensive insights into commercial lease rate trends. This service supports property owners in setting competitive rates and assists tenants in lease negotiations through detailed examination of market comparables and demand factors.
Questions
What commercial property types does Martens Appraisal specialize in?
We specialize in hotels, medical facilities, office buildings, retail centers, industrial properties, and unique commercial assets across the Midwest market.
What appraisal report options are available?
We offer full Appraisal Reports with detailed analysis and Restricted Appraisal Reports with minimal detail, both meeting USPAP compliance standards.
Do you provide services for estate planning purposes?
Yes, we conduct precise valuations for estate planning and tax purposes including date-of-death and six-month post-death assessments for commercial properties.
What geographic areas do you serve?
While based in Wichita, Kansas, we serve clients throughout the Midwest with primary focus on Kansas, Missouri, and Oklahoma markets.
What consulting services are available?
We offer market rental analysis, highest and best use studies, and feasibility assessments to support informed real estate investment decisions.
Reviews (2)
Michael Smith
Sep 14, 2021
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Over my 30 year career in local and nation commercial real estate lending I have done business with hundreds of appraisers throughout the US who have appraised multi-family, office, retail, single tenant, manufactured housing communities, self storage and medical office for loans on properties with values ranging from just a few hundred thousand dollars to more that forty million dollars. Appraisal work, just like lending, combines a lot of data and interpretation and sometimes requires a little dose of subjectivity. It's always hard to please both a borrower, who has great pride in their property
Nazir Stones
Jul 21, 2020
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This review is of Martens Appraisal division of the Martens Companies, not the whole company or other sister companies. Their customer service is great. However, we Couldn't be more disappointed. We did not have much say when they were chosen to do the first appraisal on a previous commercial property on East Kellogg in 2015. The valuation and comps were terrible. Fast forward, year 2020, our bank selected them to do an appraisal for our new commercial property on East Kellogg again, still in the City (Wichita, Kansas) limits. The property included smaller commercial parcels with direct access
