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Minnesota Commercial Property Valuations
The Valuation Group currently uses a significant toolbox of resources to address a wide range of client commercial property valuation needs. Whether the need is simple or complex, The Valuation Group can meet your needs with minimal time and expense. Below are some of the commercial property valuation tools available to customize a solution to your valuation needs:
- Computerized Lease By Lease Valuation - Multi-tenant properties often possess several lease structures with a variety of terms and conditions which make forecasting income and expenses difficult. We utilize ARGUS, the industry-leading discounted cash flow analysis program, for this work.
- Spatial Analysis - Location is often more than just a gut feel. We can spatially define a complex locational analysis which consists of access, visibility, traffic counts, demographics, trade area analysis, and other items not only in isolation but in combination. We utilize ArcView, the industry leading geographic information systems (GIS) software, as a part of this analysis.
- Demographic Analysis - Want your commercial property valuation to consider the total households located within a five minute drive of the property? We utilize PCensus and Site To Do Business to complete drive-time, radius, lifestyle, and other demographic influences on property values.
- Property Reviews - Before any property can be appraised, an inventory of a property's positive and negative attributed must be completed. To complete this analysis, we utilize AutoCad, the industry leading design and architectural drafting software. We check land and building areas using both AutoCad and DeedPlotter for property accuracy. We also utilize both AutoCad and DeedPlotter in the understanding of key property attributes such as core-to-glass ratios, column spacing and planning modules.
- Fingertip Information - Over 20 years ago, The Valuation Group built customized informational databases to house information on transactions and rental information in the Twin Cities market. The Valuation Group utilizes a variety of commercial database software packages to allow for up to date, comprehensive commercial property valuation services.
- Automatic Valuation Models (AVMs) - In today's world, automatic valuation models are a part of the commercial property landscape. An AVM merges analysis with databases to mine out the key trends in commercial property valuation. By understanding the major factors which create value across a market or sub-market, the AVM gives the appraiser a head start and allows for time to be spent researching only those commercial property valuation items which are significant. The Valuation Group uses Minitab and others to complete this work.
- Visual Report Style - Once the work is completed, The Valuation Group realizes this work will not be effective unless the results are communicated in a clear and concise manner.
The Valuation Group is keeps a close eye on the commercial property valuation tools available on the market. We make sure that our clients' commercial property valuations have used the latest tools available and the most widely accepted commercial property valuation techniques.
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