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Professional Qualifications of Michael R. Cliggitt, MAI, MRICS
Michael R. Cliggitt, MAI, MRICS is a commercial real estate analyst, advisor, and appraiser serving the Central Florida market and president of Cliggitt Valuation, Inc. He provides property market analysis, real estate advisory services, and appraisal and valuation solutions for commercial, industrial, and investment real estate, as well as for land, ranches, and special-purpose properties. Services are performed for a variety of clients including lending institutions, government entities, municipalities, attorneys, CPA's/financial professionals, corporations, investors, partnerships, as well as for individual property owners, prospective purchasers, and tenants.

Real Estate and Appraisal Professional Education

Real estate and appraisal professional education includes all coursework, testing, peer review, and continuing education requirements for MAI (Appraisal Institute) and MRICS (Royal Institute of Chartered Surveyors) designations. Additionally, all coursework, testing, and continuing education requirements have been completed for Appraisal State Certification and Real Estate Brokerage Licensure within the State of Florida.
Appraisal Institute Courses and Seminars
  • General Applications
  • Market Analysis and Highest and Best Use
  • Advanced Sales Comparison & Cost Approaches
  • ​Report Writing and Valuation Analysis
  • Real Estate Finance, Statistics, and Valuation Modeling

  • Standards of Professional Appraisal Practice (USPAP)
  • Business Practices and Ethics
  • Analyzing Distressed Real Estate
  • ​Subdivision Valuation
  • Valuation for Financial Reporting
  • Marina Valuation Overview
  • Sage Against the Machine: Using AVM's Wisely & Productively
Royal Institute of Chartered Surveyors Courses and Seminars
  • Business Valuation for Real Property Professionals
  • Introduction to Behavorial Real Estate
Certified Commercial Investment Member Institute Courses and Seminars
  • Commercial Investment Real Estate Disposition Strategies
  • Outlook for Federal Tax Legislation Affecting Commercial Real Estate
HUD / FHA Courses and Seminars
  • Multifamily Accelerated Processing (MAP) - Valuation Training for Third Party Appraisers (2012 - Jacksonville, FL)
University of Central Florida Courses
  • Real Estate Appraisal and Valuation
  • Real Estate Investment Analysis
  • Fundamentals of Real Estate
  • ​Real Estate Law
  • Property and Real Estate Law
Formal Education

College/University Education:   University of Central Florida- Orlando, Florida
                                             Bachelor of Science in Business Administration - Finance Degree

High School Education:            Jesuit High School - Tampa, Florida

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Individual Membership:
Corporate Membership:
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Designations, Certifications, Licenses & Professional Affiliation

MAI Designated Member of the Appraisal Institute 
​MRICS Designated Member of the Royal Institute of Chartered Surveyors 
​State-Certified General Real Estate Appraiser RZ3011 - State of Florida
Licensed Real Estate Broker BK3130667 - State of Florida
Member of the City of Lakeland Affordable Housing Advisory Committee
​Commercial Realtor Member of EPCAR (East Polk Co. Assoc. of Realtors), FAR (FL Assoc. of Realtors), & NAR (National Assoc. of Realtors)
Professional Experience With The Following Valuation Related Circumstances

Real Estate appraisal and valuation services have been performed for a variety of situations including: Financing, Acquisitions, Dispositions, Investments Analysis, Property Tax Abatement, Estate Planning, Property Gifting, IRS/Taxation Related, Insurance, Foreclosure, Bankruptcy, Divorce, Litigation, Partnership Formation/Dissolution, Financial Reporting, Eminent Domain/ROW Takings, Feasibility Analysis/Market Studies, Etc.

Valuation Assignment Scenarios Include:  As Is, As Completed, and As Stabilized Valuations
                                                           Retrospective, Current, and Prospective Valuations
                                                           Comparable Rent Studies and Market Rent Appraisals
                                                           Insurable Value Analysis and Replacement Cost Estimates

Property Interests Analyzed Includes:      Fee Simple, Leased Fee, Leasehold, Sandwich Lease, and various forms of Fractional Interests


Property Locations in Florida

Cliggitt Valuation, Inc.'s office is located in Lakeland, which is centralized within the State of Florida, providing good access to much of the State. Assignments have been performed throughout the State of Florida with a focus on the Central Florida region from the Gulf Coast to the Atlantic Coast.

Professional Experience With The Following Property Types
  • Office Buildings (Single & Multi-Tenant)
  • Medical Offices (Single & Multi-Tenant)
  • Ambulatory Surgical Center (ASC) Facilities
  • ​Medical Laboratory Facilities
  • Distribution, Office Warehouse, and Flex Buildings
  • Industrial and Manufacturing Facilities
  • Cold Storage Facilites
  • Self-Storage and Mini-Storage Properties
  • Apartment and Multi-Family Housing
  • Affordable Housing and Rent Restricted Apartments
  • Residential Treatment Facilities
  • Group Homes and Shelters
  • Assisted Living Facilities
  • Single-Family Residences, HNW Residences, Homes on Acreage
  • Condo, Townhome, and Short-Term Rental Projects
  • Residential Subdivisions and Commercial Subdivisions
  • Hotels, Motels and Resort Properties
  • Mobile Home Parks and RV Parks
  • LEED Projects (Green Building)
  • Retail Properties (Single & Multi-Tenant)
  • Retail Strip Centers and Shopping Centers
  • ​Restaurant Properties
  • Gas Station and Convenience Store Properties
  • Car Wash and Service Garage Properties
  • Indoor Gun Range Facilities
  • Churches and Worship Centers
  • Community Buildings
  • Golf Courses and Country Club Properties
  • School Facilities and Day Care Properties
  • Kennel and Animal Boarding Facilities
  • Aviation - Airport Hangar and Office Properties
  • Automobile Dealership and Boat Dealership Properties
  • Agricultural Packinghouse Facilities
  • Acreage and Agricultural Land (citrus, pasture, ranch, etc.)
  • Ranches and Large Acreage Homesites
  • Commercial, Industrial, and Residential Land

Contact Information

Michael R. Cliggitt, MAI, MRICS
863-661-1165 (Direct Line)
mcliggitt.mai@verizon.net
www.cliggitt.com





Mailing Address
P.O. Box 24681
Lakeland, Florida 33802

Click for a PDF Copy of Michael Cliggitt, MAI, MRICS Qualifications
Click for a PDF Copy of Michael Cliggitt, MAI, MRICS Qualifications
Contact Us
Lakeland: 863-661-1165
Tampa: 813-405-1705