Commercial appraisal is the term given to describe retail, office, industrial, and other miscellaneous property value estimation. Using a variety of tools of analysis, a commercial appraiser from Clayton County Home Appraiser can estimate the value of almost any type of real estate.
Most of these property types are analyzed and compared to other properties on the basis of the price per square foot of net rentable building area with the Sales Comparison Approach. The Sales Comparison Approach incorporates the actions of buyers and sellers in the marketplace. The Income Capitalization Approach uses market supported actual rental rates, vacancy allowance, operating expenses, and overall rates in order to estimate a value for the subject property. The value indication by the Income Capitalization Approach is usually given weight in a reconciled market value as it reflects the thinking process of an investor. The Cost Approach considers the current cost of reproducing a property, less accrued depreciation in the property. A summation of the market value of the land assumed vacant and the depreciated reproduction cost new of the improvements provides an indication of the total value of the property. This approach is typically used for specialty properties such as churches or other unique properties that are difficult to otherwise compare or estimate income.
Clayton County Home Appraiser is a full-service appraisal firm providing commercial real estate appraisal and consulting services of all sizes for your needs. We have been appraising real estate in the Clayton County area since 2001. All of our real estate appraisers are state certified. Our appraisers are known for providing well-researched and documented appraisal reports that conform to all federal and USPAP regulations. Our professionals can complete any commercial real estate appraisal assignment and we deliver our results on time. We provide commercial appraisals in a detailed narrative format or on standardized forms depending upon our clients’ needs.
Call Clayton County Home Appraiser for your complimentary consultation. We have the experience and qualifications necessary to meet all of your appraisal needs.