Whether you’re a seasoned real estate investor or a commercial appraiser, it’s important to understand how to value commercial property. The value of commercial property plays a key role in determining how the asset will perform as part of a portfolio.
This being said, the post below covers approaches to commercial real estate valuation, including the quickest and easiest values to determining a property’s value. Keep reading to learn more.
Commercial Real Estate Valuation
Calculating commercial property value is much different than calculating the value of residential real estate—even for the most adept appraisers.
With residential, most appraisers can look at comps in the neighborhood as a baseline, then add or subtract to a property’s value based on specific criteria like square footage, number of bedrooms, and so forth.
CRE valuation is a whole different ball game, however, and is a much more complicated beast. Yet, it’s still invaluable to