Valuation Reports for Income Property
Contact us for an accurate assessment of the market value of your commercial property,
About Us
Complex Commercial Appraisal Assistance for All Types of Entities and Indviduals
If you are looking for a commercial appraisal management company in the Central California area, you will be highly satisfied PacTech. We have a long history of assisting a diverse portfolio of CRE investors and property owners throughout California. Our commercial appraisal management team takes the time to provide one-on-one attention to every client. Moreover, our CRE appraisers bring an unmatched skillset to the table, ensuring a complete, fair, and accurate job you can feel confident in. Whether you need a commercial real estate appraisal or commercial appraisal review services, we can help!
The Appraisal Process
When commercial appraisers assess a property, they analyze various factors and investigate multiple data points. The specific items appraisers look for will fluctuate depending on the type of appraisal and best-suited appraisal method.
What determines the value of a commercial property? Generally, commercial appraisers look for the following when assessing a property:
- Public ownership records
- Zoning records
- Demographic information
- Property details (building and lot size, condition, functionality, accessibility, amenities, special features, etc.)
- Recent comparable sales
- Current market trends
- Replacement costs (a cost estimate to construct a building comparable to the building undergoing the appraisal, while using current prices, building standards, and materials)
- Rental information (number of renters, rent prices, length of lease agreements, etc.)