The types of property that are naturally covered by a commercial property appraisal agency are listed below.

Commercial evaluation service suppliers in the Atlanta normally offer coverage for:
*Industrial buildings

* Apartment Buildings & Complexes
*Shopping Centers

*Office & Retail Condominiums
*Hotel and Motels Industrial Condominiums
*Mixed –Use
*Office Buildings Industrial Buildings
* Industrial Condominiums
*Self-Storage Facilities
*Vacant Land
*Restaurants
*Retail Buildings
*Nursing Homes

*Subdivisions (Commercial, Residential, Industrial)
*Mobile Home Parks
*Resort Property
*Farms
*Gasoline/Convenience Stores
*Religious Facilities
*Rock Quarries
*Single-Family Residential
*School Facilities
*2-4 Unit Multifamily residential
*Golf Courses
*Marinas Hangars
*Car Washes
*Hangars

Things you need to verify before confirming on the firm that is going to perform an evaluation on your property.

To be sure and confident that the commercial valuation firm you are considering is experienced and qualified in their task, the following queries are appropriate:

1)What kind of qualified and professional designation do you cover and from whom?

2) Are you certified and licensed in the states you practice?

Like any work you are toning out, it pays to contrast the resumes of appraisers whom you are involved in having primed a bid. This is the first place to start.

3) What evaluation approaches will be used in evaluating my property?

The three most accepted appraisal approaches to value are the “sales comparison approach” the “Cost approach” and the “income approach”.

*The cost approach merges the value of the depreciated site improvements and land with the downgrade value of the buildings.

*The sales comparison approach merges the property to others and amends and adjusts for differences.

*The income approach obtains market rents, deducts a vacancy expenses and allowance, and takes the consequential net income and turns that into value utilizing a capitalization rate.

It is rare that all the three commercial property appraisal approaches are done, and is not normally required. Appraisal theory has basically discredited and disgraced the cost approach because the reflective of market price and commercial appraisers rarely offer it except in new construction and special function properties.

The sales comparison approach and income approaches are the main appraisal methods utilized for commercial properties. Even then, sometimes when one of these approaches will not reflect the market even though it may be performed. It has little or no power in deciding on the last and ultimate value conclusion.