Commercial valuation
Commercial Real Estate Appraisals
Commercial and Investment Property Valuation Throughout Northern Arizona
Berkson Appraisal Service provides comprehensive commercial real estate valuation for lenders, property owners, investors, attorneys, estates, governmental clients and other intended users throughout Central and Northern Arizona.
Property types
Commercial Property Types
- Retail properties and shopping centers
- Office buildings and office condominiums
- Industrial and flex properties
- Hotels and lodging properties
- Multifamily and investment property
- Restaurants and hospitality-related real estate
- Mixed-use property
- Commercial and residential development land
- Vacant land
- Large acreage
- Special-use property
- Institutional property
- Properties with excess land or redevelopment potential
Intended uses
Commercial Appraisal Uses
Assignments may support portfolio and commercial lending, acquisition and disposition, estate and trust administration, retrospective valuation, partnership and ownership matters, litigation, divorce, expert witness support, property tax matters, internal financial planning, development and highest and best use analysis, right-of-way and public acquisition, and governmental or public-sector purposes.
Analysis
Property-Specific Valuation
Commercial valuation frequently requires analysis beyond comparison of sale prices.
Depending upon the assignment, the appraisal may address market rent, vacancy, operating expenses, capitalization rates, discount rates, tenant quality, lease structure, remaining lease term, development potential, zoning, access, flood conditions, excess land and alternative uses.
The sales comparison, income capitalization and cost approaches are considered as applicable to the appraisal problem and availability of meaningful market evidence.
Regional markets
Northern Arizona Commercial Markets
Northern Arizona presents valuation issues that differ materially from major metropolitan markets.
Tourism, seasonal demand, limited transaction volume, constrained land supply, public-land ownership, distance from major employment centers and highly localized commercial districts can materially affect value.
Berkson Appraisal Service combines local market knowledge with broader comparable research when local transactions alone are insufficient to support a credible conclusion.
Request a Commercial Appraisal
Provide the property address or parcel number, property type, intended use, effective date, requested delivery date and available leases or operating information.