A commercial or industrial appraisal is a defensible and carefully documented opinion of value. Values are derived from three generally accepted valuation methods: sales comparison, income approach, or cost approach. Commercial and industrial appraisals can only be prepared by a certified, general real estate appraiser. They need to be state licensed.
The Commercial and Industrial Appraisal Process
The appraisal analyzes factors depending on the client’s needs, property type, scope of work, use, and user of the appraisal. Generally, an appraisal will provide the following:
- An overview of the current economic conditions and market area.
- A description of the property, including the site and buildings.
- An analysis of the highest and best use of the property.
- An in-depth discussion of the valuation from the approaches used in the appraisal.
Commercial and Industrial Services
Assessment Evaluation is licensed in Pennsylvania and New York. Our broad expertise and detail-oriented approach enables us to provide complete and thorough appraisal review services. We provide commercial and industrial appraisals consulting and valuations for:
| • Industrial Buildings | • Proposed Developments |
| • Multi-Family Residences | • Vacant Land |
| • Adult Living Facilities | • Estates |
| • Surgical Centers | • Auto Repair Facilities |
| • Free-Standing Retail | • Day Care Facilities |
| • Churches | • Commercial Condominiums |
| • Residential Subdivisions | • Shopping Centers |
| • Mobile Home Parks | • Automobile Dealerships |
| • Planned Development | • Motels / Hotels |
| • Condemnation Cases | • Gas Stations |
| • Professional Offices | • Institutional Facilities |