Commercial Appraisal
Independent valuation of office, retail, industrial and other commercial property.
Who we work with
Commercial owners, investors, purchasers and lenders require appraisals for acquisition, disposition, financing and asset review. Occupied and vacant properties can require different evidence and assumptions.
When you need us
Buying, selling or financing a commercial property calls for an understanding of its income, condition, location and market position.
What we do
Analyse comparable sales, rents and investment evidence
Assess the relevant property interest and valuation date
What you receive
The appraisal explains the evidence and assumptions supporting the value opinion, helping owners, purchasers and lenders assess the property.
What we need to begin
Provide the address, property areas, rent roll, leases and amendments, recent operating statements, capital expenditure information and any known vacancy or tenancy changes. Include the intended use of the report and lender instructions, if applicable.
Related assignment
A related income-property assignment involved a proposed rental development. gsi examined anticipated income, operating expenses and capitalization rates alongside land value. It illustrates the separation of income assumptions and valuation premises; it is not an office, retail or industrial case study.
Questions & answers
How do existing leases affect the appraisal?
Lease terms, remaining duration, occupancy and the relationship between contracted and market rents can affect the property interest being valued. Complete leases and amendments are more informative than a rent roll alone.
Can a vacant building be appraised?
Yes. The analysis considers market rents, potential occupancy, costs and timing on the instructed basis. Assumptions about leasing and required work should be clearly identified.
Should planned capital work be disclosed?
Yes. Provide the scope, timing and available estimates. Proposed work may affect income, marketability or the valuation assumptions and should be considered at the outset.