Tennessee Equipment Appraisers

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Equipment appraisals in Tennessee for donations, lending, M&A, and financial reporting, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises manufacturing equipment, construction machinery, agricultural equipment, medical devices, and industrial tools across Tennessee, including Nashville, Memphis, and Knoxville.

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DEFENSIBLE, USPAP-COMPLIANT MACHINERY & EQUIPMENT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, TENNESSEE COURTS, LENDERS, INSURERS, AND MORE.

  • U.S. Small Business Administration
  • Chase
  • Wells Fargo
  • First Horizon Bank
  • Nationwide Insurance
  • Bank of America
  • IRS
  • Tennessee Courts

Credentialed Appraisers Serving Tennessee

Between them, our machinery and equipment appraisers hold CAGA designations, and every report is written to USPAP for the IRS, Tennessee courts, lenders, insurers, and more.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Jason Dolph

Jason Dolph

Machinery & Equipment Appraiser

Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.

Marnie Erkelens

Marnie Erkelens

Vehicle Appraiser

CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • Certified Appraisers Guild of AmericaCertified Appraiser
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

About Equipment & Machinery Appraisals in Tennessee

AppraiseItNow provides professional equipment and machinery appraisal services throughout Tennessee, supporting businesses, lenders, attorneys, and individuals across a wide range of purposes including charitable donations, asset-based lending, mergers and acquisitions, and financial reporting. Tennessee's manufacturing-heavy economy, spanning steel mills, textile machinery, woodworking operations, and sawmills, creates consistent demand for accurate, credentialed valuations that hold up to scrutiny from lenders, the IRS, and financial auditors.

Our equipment and machinery appraisers conduct both remote desktop reviews and thorough on-site inspections across Tennessee, tailoring the scope of work to each assignment's complexity, intended use, and required standard of value. We offer Fair Market Value (FMV), Orderly Liquidation Value (OLV), Forced Liquidation Value (FLV), and Replacement Value appraisals for various intended uses.

What Types of Equipment & Machinery Do We Appraise in Tennessee?

Our appraisers cover a broad spectrum of industrial, commercial, and specialty equipment found throughout Tennessee's diverse economic landscape, including:

  • Manufacturing machinery such as steel mill equipment, tube machinery, and stretch benders
  • Woodworking, sawmill, and veneer plant equipment
  • Textile and fiber processing machinery
  • Medical and healthcare equipment
  • Restaurant, food processing, and commercial kitchen equipment
  • Construction and heavy equipment
  • Wire drawing, extruding, and metalworking machinery
  • Technology assets and video post-production equipment
  • Agricultural and farm equipment
  • Transportation, logistics, and material handling equipment

Tennessee's manufacturing clusters in Middle Tennessee and the broader industrial corridors create frequent appraisal needs for niche and specialized machinery. Our appraisers are experienced with both common commercial assets and highly specialized equipment types that require deep market knowledge and comparable sales research to value accurately.

Who Does AppraiseItNow Serve in Tennessee?

We serve a wide range of clients across Tennessee, including business owners, banks and SBA lenders, M&A advisors, bankruptcy trustees, CPAs, attorneys, nonprofit organizations, and government agencies who need credentialed, USPAP-compliant equipment valuations for lending, transactions, tax compliance, litigation, or financial reporting purposes.

What Tennessee clients say we are known for

Tennessee Appraisal Reviews: “I highly recommend the AppraiseItNow team” and “I would definitely use them again”

  1. Being the appraiser they come back to“I would definitely use them again” Richard A.Mentioned in 11 reviews
  2. Answering fast, and staying reachable while the work runs“They were responsive and timely from start to finish” Julia P.Mentioned in 6 reviews
  3. Showing the research and the comparables behind the number“They diligently researched both equipment items and provided well-documented reports” Bob H.Mentioned in 5 reviews
  4. Taking on items other appraisers had already turned downMentioned in 4 reviews
  5. Delivering the finished report ahead of the deadline“They did it quickly” Phil L.Mentioned in 3 reviews

Across 16 published Tennessee appraisal reviews, every one from a client who paid AppraiseItNow for an appraisal, the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • I recommend AppraiseItNow Inc. highly. I needed an appraisal of fair market value for geologic laboratory equipment for charitable donations to three universities. The unique items and limited secondary market complicated the valuation. They provided a sound, verifiable estimate and the 8283 forms that I was able to use in my tax filings. I would use them again.
    Alan B. ·

    Lab Equipment Appraisal for Charitable Donation

  • AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
    Bob H. ·

    Machinery & Equipment Appraisal

  • I highly recommend the AppraiseItNow team. They were responsive and timely from start to finish, and the whole process was seamless. The final report was super detailed and gave me all the information I needed. I am so glad I hired them and would recommend them to anyone needing an appraisal!
    Julia P. ·

    Technology Equipment Appraisal for Divorce

  • I needed an IRS-qualified appraisal for an unusual and costly piece of medical equipment. AppraiseItNow was able to provide me exactly what I needed on a timely basis. The personnel at the company are very friendly and helpful. I would definitely use them again.
    Richard A. ·

    Medical Equipment Appraisal for Charitable Donation

  • Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
    Ana R. ·

    Machinery & Equipment Appraisal for Bankruptcy Filing

  • They did an appraisal of medical equipment for donation. They did it quickly, and I received a blank form 8283 signed by the appraiser. It was what I needed. The price was higher than I wanted to spend on an appraisal, but a lot lower than other appraisers. AppraiseItNow was very responsive and communicative, and the other appraisers were not. I would use them again.
    Phil L. ·

    Medical Equipment Appraisal for Charitable Donation

We produce written equipment appraisal reports for lending, insurance, charitable donations, and litigation

Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.

Popular uses of our appraisal reports include:‍

Tax, Estate & Financial Planning

Transactions, Lending & Investment

Life Events & Special Circumstances

  • Divorce
  • Social Security reporting or Medicaid Application Filings
  • E-2 visa applications

Frequently Asked Questions on Tennessee Equipment Appraisers

How does Tennessee assess business equipment for property tax?

Commercial and industrial tangible personal property is assessed at 30 percent of its appraised value, and that appraised value is presumed to equal acquisition cost less straight-line depreciation under the Comptroller's Tangible Personal Property Handbook. Because the assessment is ratio-driven, equipment values flow proportionally into the ad valorem tax bill.

What if a business skips the March 1 personal property filing in Tennessee?

The assessor can impose a forced assessment, estimating the quantity and value of equipment from comparable businesses of similar size and type. That administrative estimate replaces the taxpayer's own reporting, which is why keeping accurate asset listings, acquisition costs, and dates is the cheaper path.

Is depreciated book value the same as an equipment appraisal?

No. Tax schedules and accounting records apply standardized depreciation, while an appraisal weighs actual market evidence along with physical condition, functional obsolescence, and economic obsolescence. For a Tennessee sale, loan, insurance claim, or dispute, the market-supported figure can differ substantially from the depreciated cost a schedule produces.

Which factors must Tennessee assessors weigh on machinery values?

Current use, depreciated value, obsolescence, and other recognized evidence of value, under Tenn. Code Ann. 67-5-602(c), all within the state's willing-buyer, willing-seller standard. Those statutory words are the hook for arguing a machine's actual market value when the standard schedule overstates it, and they are exactly what a market-supported appraisal documents.

Why is utility-owned equipment assessed differently in Tennessee?

Because it is centrally assessed: the Comptroller appraises public utility tangible personal property, the Board of Equalization then equalizes it against other business property, and it is assessed at 55 percent of value instead of the 30 percent applied to ordinary business equipment. Identifying which regime covers an asset is step one in any Tennessee equipment tax question.