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Industrial Property Appraisals

How WestRock Performs Industrial Property Appraisals

The rapid expansion of transportation, delivery, and manufacturing services necessitated increased demand for industrial spaces. No longer just office buildings and retail spaces, industrial real estate takes up a great deal of physical and portfolio space. WestRock’s team of appraisers is known for its expansive knowledge and agility, generating accurate appraisals for multiple property types. 

Whether you’re developing a new warehouse or acquiring a distribution center, an appraisal will gauge an industrial property’s value and appeal. Industrial appraisals, like the properties themselves, are not one size fits all. The zoning, furnishings, and even foundations for a warehouse differ completely from that of a flex space which has more utility built into it. Awareness of a subject property’s history and projected usage is important for an appraisal report. 

By examining similar properties and their sale prices, the market area, and types of income generated by the subject property, WestRock uses a variety of analytical methods to produce a commercial real estate appraisal. With due consideration to its industrial usage, a valuation will address what distinguishes this property type from others in its appraisal report. 

WestRock equips each of its commercial appraisers with state of the art valuation technology, a highly collaborative team, and thorough market analysis to generate property appraisals. Because of these assets, WestRock reports are accurate, detailed, and designed for a specific property type in mind.

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Who Needs an Industrial Property Appraisal?

Whether choosing to buy or sell a property, proposing a tax appeal on a property’s taxes, or considering a property investment, you need an appraisal report. In each case, an appraisal is the natural first step for any developer, property owner, or investor. Through the analysis of comparable sales of similar properties, income generation, optimization costs, and the property itself, a WestRock appraisal report will provide you with all the information you need when considering your next steps for this industrial property. 

Providing many types of reports (self-contained, summary, or restricted-use appraisal), WestRock specializes in producing accurate and detailed reports to better establish your property’s value, appeal, and optimization needs. With this knowledge, you can make informed investment decisions. 

We value our partnerships above all. Whether seeking appraisal services on behalf of a client or for yourself, we are ready to help.

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Pricing

Prices vary on specific appraisal reports because of many factors like: 

  • Property type
  • Size and complexity of property
  • Property location and travel distance involved
  • Ease of obtaining data in the relevant market area
  • Scope of work
  • Reporting format
  • Turnaround time

Each commercial property is different and WestRock’s prices are tailored to each appraisal assignment.

Contact us to discuss the details of your needs to establish your appraisal’s unique price.

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