Colorado's #1 Rated Appraisal Company

Colorado’s #1 Rated Appraisal Company


Appraisal Qualifications

Cody D. Gale, MAI, CCIM

Certified General Appraiser, Licensed Broker, MS-RECM, LEED AP

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Colorado’s #1 Rated Commercial Appraiser

Mr. Gale is the top rated commercial appraiser in Denver and statewide. He has the most positive online reviews of any commercial real estate appraiser in Colorado. Past clients readily recommend him because he is easy to work with, provides excellent service and never misses a deadline. View some of these reviews here


Mr. Gale has appraised over $2 billion worth of real estate and has experience appraising all primary commercial and residential real estate property types. Mr. Gale is an expert commercial appraiser and a Colorado native. He has some of the highest appraisal credentials of any commercial appraiser. His appraisal experience ranges from small, single-tenant properties, to large, multi-tenant office buildings and shopping centers. He has experience appraising all commercial property types, including office, retail, industrial, land, apartment and many other property types. He also has experience appraising all residential property types.

As a qualified and certified appraiser, he regularly performs commercial appraisal assignments for buyers, sellers, lenders, individuals, estates, investment groups, and more.  In addition to competency and experience in almost all property types, he has experience in many of Colorado’s under served locations, such as mountain and rural areas. As a LEED AP, he has worked on LEED project certification and feasibility, as well as detailed market analyses for new and existing LEED projects.

Mr. Gale is a designated MAI of the Appraisal Institute, as well as a designated CCIM member of the CCIM Institute.

Mr. Gale is a Colorado native and was born and raised west of Golden. He attended high school in Evergreen and later attended the University of Colorado for his undergraduate degree, followed by the University of Denver for his graduate degree. 

Mr. Gale has developed advanced appraisal tools and is a published author.

He has provided court and deposition testimony.

What Does “MAI” Mean?

The MAI designation is one of the highest, if not the highest, appraisal designation available. Most MAI’s work 5-10 years to obtain the designation. Learn more about the MAI designation here.

What Does “CCIM” Mean?

The CCIM designation is a prestigious professional designation for individuals who have demonstrated expertise in investment real estate. Learn more about the CCIM designation here.

Appraisal Experience

Mr. Gale has a range of appraisal experience. His experience includes analyses for small, existing properties, as well as large, complex feasibility studies for new construction and proposed developments.


All land sub-types including vacant land, raw land, developed land, future land development, commercial pads, commercial parcels, commercial subdivision, special use, retail, office, industrial, apartment, oil and gas, residential subdivision, single-unit residential, agricultural, CRP, infill, land development, special use, land lease, TOD.


All industrial sub-types including single-tenant, multi-tenant, auto, flex, manufacturing, warehouse, showroom, office/warehouse (flex), storage, outside storage, proposed, build-to-suit, specialized industrial production/manufacturing, MMJ, grow house, and more.


All office sub-types including single-tenant, multi-tenant, low rise, mid rise, condominium, medical office (MOB), new development, proposed development, shell-only, fully improved.


All retail sub-types including shopping center, net leased, small strip, large strip, regionally branded, build-to-suit, freestanding, single tenant, multi-tenant, historic, gas station, restaurant, bar, nationally branded fast food, convenience store, special purpose, quick lube, dental/medical, dispensary, and more.


All residential sub-types including FHA, apartment, multi-family, single-family attached, single-family detached, duplex, triplex, fourplex, five unit, subdivision, ranch, trophy property, luxury, LEED, historic, rural and more.

Special Use

Church (religious facility), commercial scale greenhouse, gas station/c-store, TOD, mixed-use, library, telecommunications, billboard, hotel, lodging and more.


Commercial FF&E, gas station, restaurant FF&E, various personal property items.


Expert witness, litigation, dispute resolution, insurance, gift tax, estate settlement (IRS-income tax), county tax appeal, debt restructuring, foreclosure, accounting, private financing, mortgage financing, metro district, internal decision making, SBA, buy/sell and more.


Fee simple, leased fee, leasehold, partial ownership, fractional interests.


CO Independent Broker (Real Estate License)

CO Certified General Appraisal License


Appraisal Institute- MAI
CCIM Institute- CCIM
US Green Building Council- LEED AP


Growth Industry”, Valuation Magazine, The Appraisal Institute, Q2 2017.

Partial List of Clients Served

AEG Live, Public Service Credit Union, Elevations Credit Union, YUM! Brands, US Bank, CoBiz (Colorado Business Bank), 21st Century Bank, KeyBank, Andrew Litvak Hartman Simmons & Wood, LLP, Bank of the West, New Peoples Bank, Legacy Bank, Southwest Heating & Cooling, Sergeants Pet Care, Onewest Bank, Alpine Mountain Ranch Metropolitan District, Feldmann Nagel Law, Clear Capital, Protek Valuation, Sienna Capital, Century Casinos, Apex Mortgage Corporation, RRReview, Excelcomm Commercial Advisors, CapitalSpring, Saxon Real Estate, Recreational Equipment Inc. (REI), Stockmen’s Bank, FMS Bank, Corporex, AMG Bank, Wilshire State Bank, SFF Real Estate Investments, Oklahoma State Bank, Mile High Community Loan Fund, Tamale Kitchen, Royal Supply, Central St. Bistro, PCS Inc., SB Mountain, Columbine Federal Credit Union, Rocky Mountain Public Broadcasting, many private companies/individuals, and more.

Notable Projects

  • Boulder Museum
  • Hueburger Subaru
  • Steam on the Platte
  • Gothic Theatre
  • Arapahoe Plaza Medical Office
  • Blue Rhino Production Facility
  • Veteran Affairs Denver
  • Wildlife Sanctuary
  • Captain Cook Apartments
  • Frosted Leaf Dispensary
  • Lit Dispensary
  • Good Chemistry
  • American Cannabis
  • Today’s Health Care Dispensary
  • Mother Cabrini Shrine
  • Rocky Mountain PBS Tower
  • CareNow Urgent Care
  • Zip Clinic Urgent Care
  • Rocky Mountain Pediatric
  • Taco Bell
  • Carl’s Jr.
  • Burger King
  • Del Taco
  • Dairy Queen
  • Dunkin’
  • Church’s Chicken
  • Park Burger
  • Advance Auto
  • O’Reilly Auto Parts
  • Goddard School
  • Goodwill
  • Dogtopia
  • Lazy Dog
  • Waste Connections of Colorado
  • Wise Recycling
  • Denver Pipefitters Local 208
  • Denver Performing Arts Center
  • Saint Francis Medical Center
  • Greyhound Downtown Denver
  • The Denver House
  • Boulder River Ranch
  • Ability Connection
  • Mental Health of Denver
  • Aurora Mental Health
  • Sobriety House
  • Former Pepsi Bottling Plant
  • Chidlaw Building
  • Ferguson Plumbing
  • Jensen Foods
  • Geological Society of America
  • TransDev
  • Exdo Events Center
  • REI Littleton & Fort Collins
  • Park Place Lofts
  • Studios @ Parkview 15
  • Tavern Platte Park
  • DiCicco’s
  • Starbucks
  • City Electric Supply
  • Jiffy Lube
  • Grease Monkey
  • Select Energy Services
  • Nelson Pipeline
  • Clinica Tepayac
  • Bank of the West
  • Merryhill School
  • Shell
  • ATS Diesel Performance
  • Saint John XXII Catholic Church
  • Sterling Hills HOA
  • Architectural Concepts
  • Downtown Denver Storage
  • Alpine Mountain Ranch
  • Saddleback Mountain

Geographical Experience (Colorado)

Urban, suburban and rural locations throughout Colorado:

Adams County

Arapahoe County

Boulder County

Broomfield County

Clear Creek County

Chaffee County

Denver County

Douglas County

Eagle County

Elbert County

El Paso County

Gilpin County

Jefferson County

Larimer County

Summit County

Weld County

Pitkin County

Routt County

Appraisal Institute Equivalent Credit Received, MAI Coursework & Exams:

– Business Practices and Ethics

– Basic Appraisal Principles

– Basic Appraisal Procedures

– General Appraiser Income Approach/Part I

– General Appraiser Income Approach/Part II

– General Appraiser Sales Comparison Approach

– General Appraiser Site Valuation & Cost Approach

– General Market Analysis and Highest and Best Use

– Real Estate Finance, Statistics, Valuation Modeling

– Advanced Income Capitalization

– Highest & Best Use and Market Analysis

– Advanced Sales Comparison and Cost Approach

– Advanced Applications

– All modules of the MAI Comprehensive Exam

Recent Continuing Education Highlights

– USPAP 2020-2021

– The Basics of Expert Witness for Commercial Appraisers

– Appraisal of Self-Storage Facilities

– 2019 Annual Commission Update Course

– Appraisal of Assisted Living Facilities

– 2018 Annual Commission Update Course

– Legal Issues in Colorado Real Estate

– Colorado Listing Contracts

– USPAP 2018/2019

– The Discounted Cash Flow Model- Concepts, Issues and Applications

– Small Hotel/Motel Valuation

– USPAP 2016/2017

– Comparative Analysis

– Financial Analysis, Investor Decisions, User Decisions, Market Analysis

– Residential & Commercial Valuation of Solar

– User Decision Analysis (Comparative Lease Analysis, Sale-Leaseback, Lease vs. Own, Cost of Ownership/Leasing (CCIM 103)

– Preparing to Negotiate

– Online Ethics Course

– Residential Solar Photovoltaic Leases – Market Value Dilemma

– Subdivision Valuation

– USPAP 2014/2015

– Annual Colorado Real Estate Commission Broker Update

– Legal Issues Affecting the Real Estate Professional

– IRS Valuation

– General Demonstration Report Writing

– Federal Agencies and Appraisal: Program Update

– USPAP 2012-2013

– Business Practices and Ethics

– Historic Property Appraisal

– Eminent Domain Valuation

Formal Education

Master of Science

Real Estate Finance & Construction Management. University of Denver, Franklin L. Burns School of Real Estate and Construction Management at the Daniels College of Business. Completed in 2009. GPA: 3.7 out of 4.0.

Bachelor of Arts

International Spanish for the Professions (cross-disciplinary between Spanish and Business). Business Administration minor. University of Colorado at Boulder. Completed 2005. GPA: 3.5 out of 4.0


Broker Pre-licensing, Registered Appraiser, Licensed Appraiser, Certified Residential, & Certified General. American Real Estate College, 2005-2007. LEED for Contractors; LEED New Construction, Existing Buildings: Operations & Maintenance, Sustainable Valuation and many more. US Green Building Council. Intensive Spanish Immersion. Escuela D’amore, Costa Rica.