Free Commercial Property Valuation
Most commercial property valuations are based on the traditional commercial property valuation method which uses a combination of operating costs & yield.
Transcend Homes commercial property valuation are unique because we consider the commercial property value on the development potential. We would analyse the land to determine the commercial property value taking into consideration other factors like development potential & risk. Although we provide such an enhanced service there is no charge for the commercial property valuation.
We don’t only value the land but we can also purchase it which means there are no delays in finding a buyer & a massive saving on agent fees.
No Upfront Costs for commercial Property Valuation
When our offer is accepted, no upfront fees are required and we can even take the financial risk of paying for planning permission which means you don’t need to worry about the risk.
Commercial Property of Interest
We are interested in brownfield land & various other commercial units. As long as the brownfield land or commercial units have potential of development we are interested. Below are the type of units we are interested in:
Traditional Commercial Property Value
For residential property valuations, valuers often identify similar properties in the area. Commercial properties are usually unique which means the commercial property valuer can not use this method.
Commercial property value is usually based on the operating income that the property generates each year divided by the average yield rate.
Operating income is calculated taking the actual income of the property & deducting operating expenses (including mortgage)
Yield rate – the amount investors can hope to get as a return at the end of the year which varies around the 8%. The yield rate is determined by the property yields in the area.
As mentioned previously, we would take into consideration these factors along with the development potential of the site.