Commercial Appraisal

Get a fair, accurate value for your property from appraisal experts who know the commercial property market.

(It will take under 3 minutes to complete)

 
 
 

Over $48m/year of Commercial Property Appraised...

Your appraisal will be completed by a commercial appraiser who specializes in income-producing property.

Whether your commercial property is located in Missouri, Illinois, or Iowa, you will receive a fast, accurate appraisal. From industrial to office and multi-family, nothing is outside our experience.

 
 

What People Like You Are Saying About Our Appraisal Services

 
“We were very pleased with the professionalism, timely communication and responses to our many questions.”

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“From simple to complex deals, Spurgeon Appraisals delivers a quality appraisal.”

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"I shopped around, and Spurgeon Appraisals was right on price, and they delivered a good product."

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 You’re just 3 minutes away from a no-strings bid

 
 

Commercial Appraisal
Frequently Asked Questions (FAQ)

 
  • A commercial appraisal is an evaluation of the value of a commercial property. It considers factors like the commercial building's size, condition, location, and comparable sales in the area.

  • To know exactly how much your commercial appraisal will cost please fill out our online bid form and have a bid sent directly to your inbox, or you could check out our commercial appraisal pricing page. This will give you a good idea of what we charge without having to contact us.

  • Your commercial appraisal will be performed by one of our specialized professionals. Our certified appraisers have appraised hundreds of industrial, warehouse, office, multi-family, storage unit, and all other types of commercial properties throughout Missouri, Illinois and Iowa.

  • The duration of a commercial appraisal can vary depending on factors such as property size, complexity, and data availability.

    However, if you need it quickly our large staff can get it done. Please see our Turnaround Time page for more information.

  • Our commercial appraisers consider factors such as the improvement’s size, condition, age, location, amenities, recent renovations, and comparable sales of similar properties in the area.

  • Yes, we complete many commercial appraisals a year for estate purposes. We are very familiar with the IRS commercial appraisal requirements.

  • Yes, our appraisers will provide you with a detailed written commercial report that documents their value methodology, the property's characteristics, comparable sales data, and the final determination of your commercial properties value.

    An electronic copy (PDF format) of your commercial appraisal will be emailed to you immediately after it is completed. This is to ensure that you get the information you need as fast as possible.

    In addition, you can request a paper copy of your commercial appraisal report mailed to you for an additional fee.

  • Typically, your lender will need to request the commercial appraisal in order to be able to use if for lending purposes.

    Please make sure to talk with your commercial lender before ordering an appraisal personally.

  • Yes, appraisers are subject to government regulations and industry standards, such as those set forth by the Uniform Standards of Professional Appraisal Practice (USPAP) in the United States. These standards ensure professionalism, objectivity, and ethical conduct in the appraisal process.

  • To prepare for a commercial appraisal, ensure that the property is clean and well-maintained. Note: It does not have to be perfect.

    Please provide the appraiser (in writing) with any relevant documents or information about recent improvements, additions, upgrades, or renovations.

    Also, please provide copies of any recent deeds, real estate tax receipts, or any other relevant information about the property.

  • Of course, you can walk and talk with the appraiser during the property inspection, but you don’t have to.

    However, it is always a good idea to be at the property with the appraiser, even if you stay in another area/room, just in case questions arise about the commercial property.

  • I’m sure your lender will provide you with a copy of your commercial appraisal upon request, however, we are not allowed to provide you with a copy of your appraisal if it was ordered by another party/client, even if you paid the lender/bank for it.