Commercial Property Valuations
Our commercial property valuations are completed by highly trained and experienced professionals equipped with the tools to analyse all aspects of your property and provide an accurate assessment of its value.
Nicisa Valuers have extensive experience in industrial real estate, from small offices to large commercial units, factories, medical centres, a wide range of industrial, institutional-class warehouses, distribution centres, units, factories, cold stores, intermodal terminals assets, and many more.
With years of experience in industrial real estate, our team can leverage their experience and deep knowledge of the local areas they serve and meet all your valuation needs.
How much is my commercial property worth?
If you are looking to purchase, rent or sell commercial property, it is important to be aware of your commercial property value.
A commercial valuation is done for a variety of reasons including, but not limited to, pre-purchase or pre-sale advice, rent valuation, related party transfer, superannuation fund, taxation, and stamp duty.
How to find the Valuation of your commercial property?
There are many ways to approach and determine the value of a commercial property, but here are three of the most common:
1. The Income Approach
The income approach is used when the property is producing income. It estimates the future cash flows from the property and then discounts them back to the present value at an interest rate that reflects opportunity cost.
2. The Market Approach
The market approach uses comparable sales data from recent transactions on comparable properties in the same area and adjusts for differences in location, size, age, condition, etc. It calculates an average asking price for those properties, then multiplies that price by 1 plus any expected changes in demand or supply. In other words, if there is more demand than supply in your area, prices will rise; if there is more supply than demand, they will fall.
3. The Cost Approach
The cost approach estimates how much it would cost to replace a building with similar characteristics—including its age, condition, location, and size—then divides that amount by the number of years until it expires (or depreciates).
