Commercial Appraisals

Offering accurate and unbiased estimates of the market value for a wide variety of Central Valley commercial properties, Central Valley Home Appraisal, LLC provides professional and accredited appraisals services. We work for a range of industries that include any types of retail outlet, corporate / office buildings of all sizes; hotels, motels; accurate and detailed appraisals for land developers and much more.

What Do Commercial Appraisers Look for During an Appraisal?

Our commercial appraisers conduct thorough evaluations to determine a property's value. During an appraisal, we examine several key factors to ensure an accurate assessment. First, we inspect the property’s physical condition, including the structural integrity, quality of construction, and any recent renovations or repairs. This involves a detailed look at the building’s exterior, interior, and major systems, including HVAC, plumbing, and electrical.

Next, our appraisers consider the property’s location. They assess the surrounding area, including local amenities, accessibility, and the overall economic environment. The property’s proximity to transportation, businesses, and other infrastructure can significantly impact its value.

Market conditions also play a crucial role in our appraisal work. Our team may analyze:

Current real estate trends
Recent sales of comparable properties
The overall supply and demand dynamics in the area
…and more

This information helps us understand how the property stands in the current market.

Accurate Commercial Real Estate Valuations

Whether you require a market value figure for a single property, or a detailed evaluation for your entire portfolio of real estate in Fresno, our licensed appraisers provide unbiased market evaluations for:

New and existing properties
Vacant land and land fill properties
Hotel, motels, resorts, timeshares
High rise & low rise office buildings
Mixed office/Corporate / Industrial warehouse facilities
Manufacturing facilities

Shopping centers / Plaza strip malls
Automotive centers / Car dealerships
Medical clinics
Senior living facilities
Condominiums and other investment properties
Virtually all commercial real estate in Fresno and surrounding area

Detailed Appraisal Reports

A professional commercial appraisal not only determines the market value of the primary property itself, but also factors in rental rates and expenses paid out for maintenance among many other specifics. Unlike a residential appraisal where the inspection makes up the bulk of the estimation, a commercial appraisal includes a series of additional elements essential to an accurate financial evaluation. Our detailed documentation reflects the value of a property within a standard and relevant set of aspects.

Elements of a Commercial Appraisal Service

Central Valley Home Appraisal, LLC appraisers begin by researching public records on prior owners, obtain zoning records, and investigate demographic information. In addition, sales and rental comparisons and cost breakdowns are compiled into a detailed analysis that also includes standard information on the building’s unique characteristics; its proximity to local transportation and other significant points of interest. The general condition and safety of the structure, roof, and all interior and exterior features are also assembled into the final summary.

What Is the Difference Between Appraised Value and Market Value?

Understanding the difference between appraised and market value is essential for anyone involved in real estate transactions. Although these terms are often used interchangeably, they represent distinct concepts.

Appraised Value

This is a professional estimate of a property's value determined by one of our certified commercial property appraisers. As discussed, we consider various factors, including the property's physical condition, location, and recent sales of comparable properties. The appraised value can be used to set a price or judge an offer but it’s also used for mortgage lending, ensuring the property is worth the requested loan amount.

Market Value

This is the price a willing buyer would pay a willing seller in an open market and can be influenced by a broader range of factors, such as buyer demand. It reflects what buyers are currently willing to pay for similar properties, making it more susceptible to market dynamics and short-term changes.

Why Contact a Commercial Real Estate Appraiser?

Professional appraisals are crucial when an objective assessment of the market value of a property is required for legal reasons and in the course of real estate transactions. Our licensed Fresno appraisers provide the expertise necessary for making informed decisions in the areas of:

Commercial property financing appraisals
Appraisals for foreclosures
Tax assessment review and consultation
Estate planning, liquidations and settlements
Unbiased asset valuations

Commercial property financing appraisals
Appraisals for foreclosures
Tax assessment review and consultation
Estate planning, liquidations and settlements
Unbiased asset valuations

Central Valley Home Appraisal, LLC offers extensive experience and knowledge within the industrial, commercial and investment buildings real estate sector in Fresno and has established a substantial database that allows us to accurately identify trends, financial risks and future projections.

Additional reasons for consulting with a Central Valley Home Appraisal, LLC appraiser:

Feasibility studies
Expert witness testimony
Market rent and trend studies
Cost/Benefit or investment analysis, for example, what will be the financial return of remodeling an investment or commercial property
Land utilization studies
Supply and demand studies

Call us to schedule a free consultation.

Is an Appraisal the Same as a Home Inspection?

It is important to differentiate between a licensed appraisal and a home inspection. While a home inspection provides information on the structure and surrounding area of a residential property; an appraisal factors in additional pertinent information to arrive at a precise monetary value that is based on specific and qualified calculations made by a qualified and unbiased professional.

Why Should You Hire a Commercial Appraiser?

As commercial appraisers, we hear from a variety of stakeholders involved in real estate transactions and property management.

Key parties who typically hire our commercial appraisers include:

Property owners and investors who wish to determine the value of assets for sale, purchase, or refinancing purposes
Lenders and financial Institutions looking to assess the property's value as part of the loan approval process

Businesses wishing to make informed decisions when leasing, selling, or buying commercial space
Government agencies performing tax assessments
Legal entities for litigation purposes
Insurance companies for policy underwriting

At the end of the day, anyone needing an accurate and professional valuation of commercial property can hire one of our commercial appraisers.

Book Your Commercial Real Estate Appraisal Today

There are a lot of reasons why you might need to book a commercial real estate appraisal. For each and every reason, there’s only one local team of certified appraisers you should call—and that’s Central Valley Home Appraisal, LLC.

Reach out to us for informed and unbiased commercial appraisal services today. With us, you’ll have all the information you need to advance the property buying process. You can reach our offices by calling (559) 310-6161.