Commercial property requires a purpose-specific analysis
Commercial property value depends on more than floor area. Visibility and pedestrian flow may be important for retail space, access and business surroundings for offices, and loading access, height and functionality for warehouses.
Depending on the property and data available, the analysis may use market comparisons, cost information and economic characteristics relevant to the assignment.
Common property types
- office premises
- retail and service units
- warehouses and production space
- hospitality and other commercial property