How do I get a commercial property valuation quickly?
For a quick commercial property value, you have three options: a broker opinion of value, usually free if a broker hopes to list or sell the asset; an AI value read built from comps and income within hours; or a formal appraisal, which takes weeks and is what lenders and courts require. Choose by who will rely on the number.
Answered
For a quick commercial property value, you have three options: a broker opinion of value, usually free if a broker hopes to list or sell the asset; an AI value read built from comps and income within hours; or a formal appraisal, which takes weeks and is what lenders and courts require. Choose by who will rely on the number.
Which one you need
- Deciding whether to sell, refinance or buy: a broker opinion or an AI value read is enough to start.
- A lender, a court, an estate or a tax matter: you need a licensed appraisal. A quick estimate does not replace it.
- Board or partner reporting: a documented value read with comps and assumptions, refreshed each quarter.
What a fast value read should include
- Recent arm's-length sales of similar properties nearby, with dates and prices per unit or square foot.
- In-place income and market rents, and the NOI they support.
- A cap rate drawn from those sales, and the value it implies.
- A short list of what could move the number: vacancy, deferred maintenance, lease expirations.
How to make it faster
The inputs that matter most are the current rent roll and last year's operating statement. With those two, a value read can be built the same day. Without them, it can still be built from records, with wider ranges.
How Titleman helps
Titleman can produce a one-page value read from an address, using comps it pulls itself and the income you provide. Each figure carries its source, and it is labeled as a value opinion, not an appraisal. See what it returns: https://titleman.ai/products/deal-review