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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. Rent a section to retail establishments. Recent comparable sales.

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Minneapolis/St. Paul – 2019-2020 Commercial Real Estate Value Trends

Simonson Real Estate

Topics centered on valuation trends for the retail, industrial, office and multi-family property sectors. The gap between retailers that are doing well and those struggling is widening. Labor costs continue to climb for retailers, both from cities and states raising minimum wage requirements and tight labor market. Industrial.

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2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

However, Working RE’s “off-the-record” conversations with HUD officials, plus our own experience at OREP Insurance serving over 10,000 appraisers with E&O insurance every year, has given us an inside look into what has otherwise been an obfuscated prosecutorial process for appraisers. I think they achieved their goals.

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Why Industrial Space for Rent Is the Hottest CRE Sector in 2021

The Robert Weiler Company

Retail products, food manufacturing, and pharmaceutical healthcare are all examples of different types of production facilities. Bulk warehousing : Warehouse rental space that stores goods in large quantities, most commonly as middleman storage between retailers and distributors. Industrial real estate comes in various forms.

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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. On the other hand, the average prices for office buildings, hotels, and retail malls declined in 2021. Land sales for the office and retail markets increased by 3% in 2021.

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Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

The Robert Weiler Company

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Swimming in Success: Restaurant and Retail Rental Space. If it seems as if you’re over-leveraged you won’t get the loan. Do you have a paper trail? Remember to think conservative.

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What level appraiser are you?

Appraisal Today

Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. Fixed costs of appraising MLS, forms software, E&O insurance, auto expenses, state license, CE, association dues, etc., I also get $2,000 per month from a tenant. That is the Question!! can add up.