Allocation Among Uses
Building and site area may be allocated among components so that each use can be analyzed on a consistent basis.
Mixed-Use Property Appraisal Services
Commercial valuation analysis tailored to the property and assignment requirements.
Assignment-Specific Analysis
Mixed-use property analysis considers how distinct uses operate within one property and how each component contributes to the whole. The analysis may require separate evidence for individual components as well as consideration of their interaction.
Mixed-Use Property Considerations
Functional Compatibility
Access, parking, circulation, tenant mix, and the interaction among uses may affect overall property utility.
Leases and Shared Expenses
Different lease structures and the allocation of shared operating expenses may require component-level analysis.
Component Market Support
Sales, rents, and market support for the individual uses are considered together with evidence for the property as a whole.
Shared Appraisal Framework
Scope of Work
The research, inspection, analysis, and reporting needed to produce credible assignment results are identified for the assignment.
Market Evidence
Relevant sales, income, expense, cost, and other evidence are considered to the extent applicable and available.
Reporting
The reporting format and level of detail depend on the intended use, intended users, assignment conditions, and client requirements.
Discuss a Mixed-Use Property Assignment
Provide the property and assignment details that are available. Inquiries are generally answered within 48 hours.