Eminent Domain Valuations
Eminent Domain is the right of government to take private property for public use upon payment of just compensation. The property can be taken for pubic or civic use, i.e., highway or road widening, airports, etc.
Peterson Appraisal Company has performed eminent domain appraisals for the Colorado Department of Transportation on Highways 287 and 34, and the City and County of Denver for the initial acquisition of land for Denver International Airport. Other clients of eminent domain acquisitions include Northern Colorado Water Conservancy District, Greeley/Weld County Airport, and numerous individuals.