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Desktop Commercial Real Estate Appraisal
Are you looking for a quick and cost-effective way to appraise your commercial property without the need for an on-site visit? A Desktop Commercial Real Estate Appraisal offers a remote assessment that relies on available data, documentation, photographs, and information provided by the client or third-party sources to determine the property's value. This method is ideal when a physical review is impractical due to time or cost constraints. The report includes a detailed property description, valuation methods and analysis, and a site and building review. While it lacks physical verification of the property's current condition, it provides a fast and budget-friendly option for preliminary evaluations, property sales, portfolio reviews, or situations where minimal changes to the property are expected. Prices vary based on property specifics, location, and the appraisal's intended use.
BizWorth may utilize a local partner to perform the appraisal.
About this Report
How to Order
Here's an easy-to-understand explanation of the process to order and provide the information needed to obtain your report:
Step 1: Click the Green Get Started Button
Initiate the process by clicking "Get Started" and provide essential details about yourself and the company. This includes specifying the reason for the report, number of legal entities, annual sales, and property ownership.
Step 2: Select and Customize Your Report
After entering company details, our system matches your needs with suitable reports. Choose your desired report, customize it if needed, and add it to your cart. Review additional recommendations, enhance your report options, and proceed to checkout. Pay securely with major credit cards, Affirm, or ACH.
Step 3: Provide Additional Information
On the "Information We Need from You" page, submit the required details about the company. Subsequently, you’ll receive an email inviting you to the Data Collection Portal.
Step 4: Accept Invite to Data Collection Portal
Check your email for an invitation from officeadmin@datacollectionportal.com to the secure Data Collection Portal. Accept the invite to create your account.
Step 5: Complete Portal Intake Form
Navigate through the portal, filling out required forms and carefully following instructions. Save your progress if needed. Once finished, click "I've finished" to notify BizWorth that your valuation application is ready to commence. This initiates the appraisal, starting the countdown for delivery within the specified turnaround time. Check your email for updates.
This process is designed to be simple, efficient, and tailored to your business valuation needs.
How to Prepare
To help our appraisal team complete your report efficiently, here’s some information that will be useful to gather along the way. Don’t worry if you don’t have everything upfront—we’ll guide you through the process in the Data Collection Portal:
Property Details: Legal description of the property. Property address and location information. Plot or site plans, including boundary surveys. Details of the building(s) on the property (size, age, construction materials, floor plans). Description of any improvements or renovations made to the property.
Ownership Information: Name of the current owner. Title deed or proof of ownership. Information on any leases, including copies of lease agreements. Information on any easements,encroachments, or restrictions on the property.
Financial Information: Recent property tax bills. Income and expense statements(if the property generates rental income). Operating costs, including maintenance, utilities, insurance, and any other expenses related to the property. Information on any existing mortgages or liens on the property.
Property Photos: Most recent photos of the commercial real estate. Cell phone images are accepted.