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Commercial Appraisal

A commercial appraisal is a professional assessment of the value of a commercial property, such as an office building, retail center, or industrial facility. It involves analyzing factors like location, condition, income potential, market trends, and comparable sales to determine what the property is worth. This appraisal helps owners, investors, lenders, and buyers make informed decisions about buying, selling, financing, or investing in commercial real estate. The process ensures an objective, accurate estimate of the property's market value based on current data and standards.