The typical commercial real estate appraisal should only take 4-6 weeks. However, missing information can significantly slow down the process. This comes in many forms including incomplete information, late information, or even inaccurate information. The list below are the items our appraiser will be needing from you to complete this project in a timely manner.
Requested if New Construction / Renovations
☐ Proposed Site Plans/Survey.*
☐ Proposed Building Drawings/Building Plans.*
☐ Construction Cost Estimate
☐ Construction Cost Estimate
☐ Construction Completion Date Estimate.
☐ Pro forma expectations
☐ Projected Rents / Unit Sizes
☐ Projected Expenses
Requested For Tenant Occupied Properties
☐ Current Rent Roll or Leases.
☐ 3 years of income statements.
☐ 3 years of operating expenses.
☐ Site Plan/Survey.
☐ Building Drawings/Building Plans (include unit sizes).
For Single Tenant Owner Occupied Properties
☐ Site Plan/Survey.
☐ Building Drawings/Building Plans.
☐ List W/Costs of any capital improvement in past 5 years.
All properties (If Available)
☐ Deed from Last Transfer.
☐ Any Site Plan/Survey/Plans/Drawings available.
☐ Previous Appraisals
☐ Property Assessment.
☐ List of capital improvements (with cost) the past 5 years.
☐ Copy of Listing Document (If listed for sale or lease).
☐ Copy of Purchase & Sale Agreement (If property is selling).
☐ ANY Additional information to contribute to the Appraiser’s knowledge of the subject property.
Please email all documents to DWeaver@Appraiser.net and/or AliciaMercier@Appraiser.net